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428 W 2310 N
Provo, UT 84604
Retail Investment Sale · Commerce de détail Propriété À vendre


Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 4,737 SF
- Three Tenant Retail Building
- Adjacent to Over 400 New Class A Rental Units
- NNN Investment Property
- 100% Occupied
- Located Between BYU & UVU (~84,000 Students)
Résumé de l'annonce
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).
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).
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Taille du bâtiment
4 737 pi²
Année de construction
2023
Prix
4 782 883 $ CAD
Prix par pi²
1 009,69 $ CAD
Taux de capitalisation
5,75%
Revenu net d’exploitation
275 016 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,14
Taille du lot
0,76 AC
Zonage
SC3 - Regional Shopping Center - https://provo.municipal.codes/Code/14.20
Façade
145’ sur 2310 N
Commodités
- Restaurant
- Affichage
- CVCA contrôlé par le locataire
- Accessible aux fauteuils roulants
- Climatisation
Impôts fonciers
| Numéro de lot | 51-733-0011 | Évaluation des bâtiments | 1 134 289 $ CAD |
| Évaluation du terrain | 1 326 474 $ CAD | Évaluation totale | 2 460 762 $ CAD |
Impôts fonciers
Numéro de lot
51-733-0011
Évaluation du terrain
1 326 474 $ CAD
Évaluation des bâtiments
1 134 289 $ CAD
Évaluation totale
2 460 762 $ CAD
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