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Sawtooth Building 3204-3210 N Canyon Rd 25,492 SF 100% Leased Office Building Provo, UT 84604 $4,750,000 ($186.33/SF) 5.83% Cap Rate
Investment Highlights
- 100% leased multi-tenant office investment with diversified in-place income
- Desirable North Provo location near BYU, UVU, restaurants, and neighborhood retail
- Exceptional 5.5/1,000 parking ratio with underground, covered, surface, and street parking
Executive Summary
100% occupied multi-tenant office building
Diversified tenant roster
Tenants averaging relatively small suite sizes, reducing concentration risk
Near-term lease rollover allows mark-to-market upside
Located in Provo's North Canyon Road office corridor
Stable cash flow with operational upside
Diversified tenant roster
Tenants averaging relatively small suite sizes, reducing concentration risk
Near-term lease rollover allows mark-to-market upside
Located in Provo's North Canyon Road office corridor
Stable cash flow with operational upside
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
25,492 SF
Building Class
B
Year Built
1996
Price
$4,750,000
Price Per SF
$186.33
Cap Rate
5.83%
NOI
$276,938
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,497 SF
Slab To Slab
11’
Building FAR
0.55
Lot Size
1.07 AC
Zoning
Commercial
Parking
158 Spaces (6.2 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Monument Signage
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Minimal public transit
10/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 20-030-0128 | Improvements Assessment | $3,419,300 |
| Land Assessment | $776,300 | Total Assessment | $4,195,600 |
Property Taxes
Parcel Number
20-030-0128
Land Assessment
$776,300
Improvements Assessment
$3,419,300
Total Assessment
$4,195,600
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