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Investment Highlights

  • 1.5 Miles to BYU (37k Students) & UVU (46k Students)
  • National Co-Tenants | University Place Mall | Costco, Dillard's, Cotton On, Lululemon & RC Willey
  • Increases Visible from University Pkwy (30,300 ADT)

Executive Summary

1,000+ Hospitals | Corporate Lease
New Construction | 10-Year Term | NNN Lease | 10% Rent

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,000 SF
Building Class
B
Year Built
2023
Price
$3,588,800
Price Per SF
$897.20
Cap Rate
5.25%
NOI
$188,440
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.60 AC
Frontage
160’ on North University Parkway

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Banfield Pet Hospital is a veterinary services provider headquartered in Vancouver, Washington. Founded in 1955 by Warren J. Wegert in Portland, Oregon, the company has grown into one of the largest privately owned veterinary practices in the United States. Banfield operates more than 1,000 clinics across the U.S., Mexico, and the United Kingdom, with many locations situated inside PetSmart stores. The company offers a range of services focused on preventive care, wellness plans, and general veterinary medicine. In 2007, Banfield became part of Mars, Incorporated, a global conglomerate with a strong presence in the pet care industry. Today, Banfield continues to expand its network and enhance its service offerings, maintaining a mission to provide accessible, high-quality veterinary care for pets and their owners.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Professional, Scientific, and Technical Services 99,999 SF - Lorem Ipsum -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

7 Brew Coffee
Walmart Neighborhood Market
First Watch
The Habit Burger Grill
Olive Garden
Cafe Rio
Cafe Zupas
Black Bear Diner
Red Lobster
KeyBank

Property Taxes

Property Taxes

Parcel Number
51-733-0015
Land Assessment
$818,800
Improvements Assessment
$1,035,800
Total Assessment
$1,854,600
  • Listing ID: 38693987

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 475 W 2310 N, Provo, UT 84604

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