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408 W 2230 N
Provo, UT 84604
Zupas Two Tenant Investment · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Double the NOI By 2026!
- Part of the River’s Edge Shopping Center Located Less Than A Mile from Brigham Young University.
EXECUTIVE SUMMARY
Don’t miss this rare opportunity to double the NOI by 2026! This building is part of the River’s Edge Shopping Center located less than a mile from Brigham Young University. The property boasts brand new construction which includes several multi-family units within the center. The property is currently 50% occupied by Café Zupas and 50% RyseUp Rehab. Café Zupas has interest in continuing to renew their lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,040 SF
Building Class
C
Year Built
1989
Price
$5,965,874 CAD
Price Per SF
$847.43 CAD
Cap Rate
6%
NOI
$358,228 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.79 AC
Zoning
SC3 - Regional Shopping Center
Parking
30 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
116’ on W 2230 N
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 51-733-0007 | Improvements Assessment | $1,254,900 CAD |
| Land Assessment | $1,628,008 CAD | Total Assessment | $2,882,909 CAD |
PROPERTY TAXES
Parcel Number
51-733-0007
Land Assessment
$1,628,008 CAD
Improvements Assessment
$1,254,900 CAD
Total Assessment
$2,882,909 CAD
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