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Allen Building 42 N University Ave 289 - 335 SF of Office Space Available in Provo, UT 84601
HIGHLIGHTS
- Location, parking, cost effective space, downtown amenities
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 200 | 289-335 SF | Negotiable | $26.99 /SF/YR $2.25 /SF/MO $9,042 /YR $753.47 /MO | Full Service |
2nd Floor, Ste 200
- Great start-up office - Suite is in the former Allen building at 42 N University Ave - Suite in number 200 and is is 289 usable SQFT - One, three room office suite available It has a reception type office by the main door and and 2 other offices, on on each wing - All the offices have a window for natural light - Building is older which contributes to the lower lease rate - Offices are on the 2nd floor, no elevator - Lease rate includes all utilities and property costs except Internet. Google Fiber is in the building
- Rate includes utilities, building services and property expenses
- Central Air and Heating
- Fully Carpeted
- Drop Ceilings
- Natural Light
- After Hours HVAC Available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 335 SF | Gross Leasable Area | 10,971 SF |
| Min. Divisible | 289 SF | Year Built | 1970 |
| Property Type | Retail | Parking Ratio | 1.09/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 335 SF |
| Min. Divisible | 289 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,971 SF |
| Year Built | 1970 |
| Parking Ratio | 1.09/1,000 SF |
ABOUT THE PROPERTY
- Great start-up office - Suite is in the former Allen building at 42 N University Ave - Suite in number 200 and is is 289 usable SQFT - One, three room office suite available It has a reception type office by the main door and and 2 other offices, on on each wing - All the offices have a window for natural light - Building is older which contributes to the lower lease rate - Offices are on the 2nd floor, no elevator - Lease rate includes all utilities and property costs except Internet. Google Fiber is in the building
NEARBY MAJOR RETAILERS
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Allen Building | 42 N University Ave
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