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HQ Full Building Opportunity 382 W Park Cir 122,514 SF Vacant Office Building Provo, UT 84604 $20,225,000 ($165.08/SF)

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INVESTMENT HIGHLIGHTS

  • Very rare features to Provo/Orem submarket: underground parking and secure storage
  • Third floor balcony with stunning mountain views
  • Modern kitchens on each floor

EXECUTIVE SUMMARY

Discover an exclusive opportunity to secure Class A office space amidst a rapidly shrinking market. Located in the highly sought-after Provo Riverwoods Office Park in Utah, this prime location offers an ideal setting for relocating your headquarters. Benefit from the strategic advantage and potential for growth in this thriving business community.
Open floor design with expansive windows with stunning mountain views, modern finishes that includes large upper level entertainment balcony, high end kitchen/break areas, secure storage and ample room to hold large cooperate meetings.
Adjacent to Shops at Riverwoods, an upscale shopping center includes a variety of retail stores, restaurants, and entertainment options, enhancing the quality of life for employees and residents.
Park like setting with pedestrian/bicycle paths along the Provo River minutes from Brigham Young University and Utah Valley University.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
122,514 SF
Building Class
B
Year Built/Renovated
1995/2017
Price
$20,225,000
Price Per SF
$165.08
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
30,629 SF
Slab To Slab
13’
Building FAR
0.38
Lot Size
7.50 AC
Zoning
RBP - RBP Zoning
Parking
439 Spaces (3.7 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Controlled Access
  • Security System
  • Signage
  • Kitchen
  • Roof Terrace
  • Storage Space
  • Basement
  • Central Heating
  • Natural Light
  • Open-Plan
  • Reception
  • Outdoor Seating
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Vacant space
  • -
  • 9,180 SF
  • -
  • -
  • Varioius Basement Storage
  • -
  • 11,365 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Vacant space - 9,180 SF - -
Varioius Basement Storage - 11,365 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Basement
  • 9,180 SF
  • Office
  • -
  • 30 Days
  • 1st Floor
  • 36,399 SF
  • Office
  • -
  • 30 Days
  • 2nd Floor
  • 38,574 SF
  • Office
  • -
  • 30 Days
  • 3rd Floor
  • 26,996 SF
  • Office
  • -
  • 30 Days
Space Size Space Use Condition Available
Basement 9,180 SF Office - 30 Days
1st Floor 36,399 SF Office - 30 Days
2nd Floor 38,574 SF Office - 30 Days
3rd Floor 26,996 SF Office - 30 Days

Basement

Size
9,180 SF
Space Use
Office
Condition
-
Available
30 Days

1st Floor

Size
36,399 SF
Space Use
Office
Condition
-
Available
30 Days

2nd Floor

Size
38,574 SF
Space Use
Office
Condition
-
Available
30 Days

3rd Floor

Size
26,996 SF
Space Use
Office
Condition
-
Available
30 Days

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-176-0001
Land Assessment
$3,457,500
Improvements Assessment
$12,891,000
Total Assessment
$16,348,500
  • Listing ID: 38925523

  • Date on Market: 12/4/2019

  • Last Updated:

  • Address: 382 W Park Cir, Provo, UT 84604

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