428 W 2310 N - Retail FOR SALE


Provo, UT 84604- Riverside
$3,481,676 USD
435-881-7294
428 W 2310 N, Provo, UT for Sale
$3,481,676 USD
Retail - FOR SALE
1/9
null | 5.75% Cap Rate

428 W 2310 N
Provo, UT 84604
Riverside


HIGHLIGHTS

  • 4,737 SF
  • NNN Investment Property
  • Three Tenant Retail Building
  • 100% Occupied
  • Adjacent to Over 400 New Class A Rental Units
  • Located Between BYU & UVU (~84,000 Students)

OVERVIEW

Anderson CRG is pleased to present the exclusive listing of a 100% occupied, three-tenant NNN retail building located at 428 W 2310 N in Provo, UT. Situated within the River's Edge on University shopping center, this turnkey investment opportunity offers investors immediate, passive income with minimal management responsibilities, as tenants are responsible for taxes, insurance, and maintenance under triple-net lease structures. The property features a diverse and complementary mix of local and emerging concept tenants — Mountain West Pilates, a fitness and wellness operator catering to Provo's health-conscious and predominantly young demographic; Crispy Cones, a fast-growing specialty dessert concept drawing consistent foot traffic with its unique, on-trend offering; and Mr. Dumpling, a popular Asian fast-casual dining destination with a dedicated local following. The three-tenant configuration diversifies income across use types — fitness, dessert, and dining — reducing single-tenant dependency while serving broad consumer demand throughout the day. River's Edge on University benefits from excellent access and visibility from University Parkway, with proximity to a dense surrounding residential and commercial base that drives reliable consumer traffic to the center. This offering represents an attractive opportunity to acquire a fully stabilized, multi-tenant NNN retail asset in one of Utah County's most sought-after retail nodes, with a well-diversified tenant mix and passive income from day one. Inquire for more info. Tenant info and rent roll included in offering memorandum (OM).

FOR SALE DETAILS

PRICE

$3,481,676 USD

PRICE/SF

$735 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Investment Sale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

SC3

APN/PARCEL ID

51-733-0011

ASK ABOUT THIS PROPERTY

Caden BryanAnderson CRGMore Info
435-881-7294

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Caden BryanAnderson CRGMore Info
435-881-7294

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