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The Banzai Building 2230 N University Pky 11,426 SF 100% Leased Office Building Provo, UT 84604 $2,300,000 ($201.30/SF) 8.91% 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
$2,300,000
Price Per SF
$201.30
Cap Rate
8.91%
NOI
$205,000
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
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 6,000 SF
- Office/Retail
- -
- 30 Days
- 2nd Floor
- 5,250 SF
- Office/Retail
- -
- 30 Days
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,000 SF | Office/Retail | - | 30 Days |
| 2nd Floor | 5,250 SF | Office/Retail | - | 30 Days |
1st Floor
| Size |
| 6,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| 30 Days |
2nd Floor
| Size |
| 5,250 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| 30 Days |
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 | $794,700 |
| Land Assessment | $926,500 | Total Assessment | $1,721,200 |
Property Taxes
Parcel Number
19-008-0041
Land Assessment
$926,500
Improvements Assessment
$794,700
Total Assessment
$1,721,200
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Videos
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Photos
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Street
Map
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The Banzai Building | 2230 N University Pky
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