2230 N University Pky - Loft/Creative Space FOR SALE


Provo, UT 84604- Riverside
$2,500,000 USD
801-666-4256
2230 N University Pky, Provo, UT for Sale
$2,500,000 USD
Loft/Creative Space - FOR SALE
1/16
null | 7.08% Cap Rate

2230 N University Pky
Provo, UT 84604
Riverside


OVERVIEW

Investment Opportunity Available! Introducing the Banzai Building! Nestled at 2230 N. University Parkway in Provo, Utah, this versatile 11,426 SF property is now available for sale or lease. Boasting high visibility on the bustling University Parkway with 40,000 ADT, the Banzai Building sits in Historic Cotton Tree Square by the picturesque Provo River, strategically located between BYU and UVU. Investment Opportunity Available - NOI: $175,000 - Cap Rate: 7% - 3% yearly rent increases in place - Email brokers request for lease and financial details - In Historic Cotton Tree Square - On Provo River - High University Parkway Exposure 40,000 ADT - Between BYU and UVU

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The iCreate Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

C-2

APN/PARCEL ID

19-008-0041

ASK ABOUT THIS PROPERTY

David RunnellsColliers InternationalMore Info
801-666-4256

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David RunnellsColliers InternationalMore Info
801-666-4256

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.