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408 W 2230 N
Provo, UT 84604
Zupas Two Tenant Investment · Retail Property For Sale
Investment Highlights
- 10-Year Lease Renewal Signed By Cafe Zupas in 2026!
- Boasts Brand New Construction Which Includes Several Multi-Family Units Within the Center
- Part of the River’s Edge Shopping Center Located Less than a Mile from Brigham Young University
- Located in One of the Fastest Growing Regions in the U.S.
Executive Summary
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 renewed 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
$4,440,000
Price Per SF
$630.68
Cap Rate
5.95%
NOI
$264,000
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 | $910,800 |
| Land Assessment | $1,181,600 | Total Assessment | $2,092,400 |
Property Taxes
Parcel Number
51-733-0007
Land Assessment
$1,181,600
Improvements Assessment
$910,800
Total Assessment
$2,092,400
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