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The iCreate Building 2230 N University Pky 11,426 SF 100% Leased Office Building Provo, UT 84604 $3,489,050 CAD ($305.36 CAD/SF) 7% Cap Rate
Executive Summary
This offering is available both for sale and for lease.
Possible Seller Financing
Potenntial Event Center Space
- Potential Salon/Salon Suites Space
- Great Existing Office Space
- On Provo River
- .5 Miles from BYU
- 2.0 Miles from UVU
- Ample Parking
- Updated Building
Possible Seller Financing
Potenntial Event Center Space
- Potential Salon/Salon Suites Space
- Great Existing Office Space
- On Provo River
- .5 Miles from BYU
- 2.0 Miles from UVU
- Ample Parking
- Updated Building
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
11,426 SF
Building Class
B
Year Built
1985
Price
$3,489,050 CAD
Price Per SF
$305.36 CAD
Cap Rate
7%
NOI
$244,233 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,625 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
0.81 AC
Zoning
C-2 - Commerial Zone
Parking
25 Spaces (2.32 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 19-008-0041 | Improvements Assessment | $1,109,099 CAD |
| Land Assessment | $1,293,042 CAD | Total Assessment | $2,402,141 CAD |
Property Taxes
Parcel Number
19-008-0041
Land Assessment
$1,293,042 CAD
Improvements Assessment
$1,109,099 CAD
Total Assessment
$2,402,141 CAD
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The iCreate Building | 2230 N University Pky
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