Your email has been sent.
Provo Town Square 55-65 N University Ave 89,951 SF 74% Leased Office Building Provo, UT 84601 $10,250,000 ($113.95/SF) 6.20% Cap Rate
Investment Highlights
- Downtown Provo Location with Exceptional Visibility - Significant Value Add
- Located in Utah's Top Economic Growth Corridor
- Extensive Capital Improvements Completed
- Rare Redevelopment Potential: Mixed-Use Residential Tower
Executive Summary
Provo Town Square is located in the Provo-Orem metro area, which has been ranked the #1 "Best Performing City" for three consecutive years by the Milken Institute due to its strong job growth, wage increases, and rapidly expanding high-tech sector. The property’s central location drives consistent foot traffic and positions it to attract a wide range of retail and office tenants seeking visibility, accessibility, and strong community presence in one of Utah’s most economically dynamic and institutionally anchored markets.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Comedy Sportz
- Arts, Entertainment, and Recreation
- -
- -
- -
- Gem Studio
- Arts, Entertainment, and Recreation
- -
- -
- -
- Rockwell Creamery
- Accommodation and Food Services
- -
- -
- -
- Silicon Slopes
- Management of Companies and Enterprises
- -
- -
- -
- Station 22 Cafe
- Accommodation and Food Services
- -
- -
- -
- The Brier Barber Shop
- Services
- -
- -
- -
- The Collective Underground
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Comedy Sportz | Arts, Entertainment, and Recreation | - | - | - | ||
| Gem Studio | Arts, Entertainment, and Recreation | - | - | - | ||
| Rockwell Creamery | Accommodation and Food Services | - | - | - | ||
| Silicon Slopes | Management of Companies and Enterprises | - | - | - | ||
| Station 22 Cafe | Accommodation and Food Services | - | - | - | ||
| The Brier Barber Shop | Services | - | - | - | ||
| The Collective Underground | Professional, Scientific, and Technical Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 145-150
- 2,045 SF
- Retail
- -
- Now
- 1st Fl-Ste Lower Level- 4
- 2,306 SF
- Office/Retail
- -
- Now
- 1st Fl-Ste Lower Level- 6
- 1,249 SF
- Office/Retail
- -
- Now
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
- 2nd Fl-Ste 219
- 1,387 SF
- Office
- -
- Now
Executive Suite -$500/month FS
Executive Suite -$500/month FS
Executive Suite -$500/month FS
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 145-150 | 2,045 SF | Retail | - | Now |
| 1st Fl-Ste Lower Level- 4 | 2,306 SF | Office/Retail | - | Now |
| 1st Fl-Ste Lower Level- 6 | 1,249 SF | Office/Retail | - | Now |
| 2nd Fl-Ste 201 | 1,832 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 203 | 2,029 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 207 | 2,911 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 211 | 498 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 213 | 1,500 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 217 | 1,292 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 219 | 1,387 SF | Office | - | Now |
| 2nd Fl-Ste 230B | 58 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 230C | 58 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 230D | 58 SF | Office | Full Build-Out | Now |
1st Fl-Ste 145-150
| Size |
| 2,045 SF |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste Lower Level- 4
| Size |
| 2,306 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste Lower Level- 6
| Size |
| 1,249 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 1,832 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 203
| Size |
| 2,029 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 207
| Size |
| 2,911 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 211
| Size |
| 498 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 213
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 217
| Size |
| 1,292 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 219
| Size |
| 1,387 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 230B
| Size |
| 58 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 230C
| Size |
| 58 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 230D
| Size |
| 58 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 201
| Size | 1,832 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
2nd Fl-Ste 203
| Size | 2,029 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
2nd Fl-Ste 207
| Size | 2,911 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
2nd Fl-Ste 211
| Size | 498 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
2nd Fl-Ste 213
| Size | 1,500 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
2nd Fl-Ste 217
| Size | 1,292 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
• Historic Elegance: Charming, architecturally significant building with preserved vintage details. • Prime Location: Centrally located in downtown Provo with excellent visibility and easy access to major roads and public transportation. • Flexible Office Spaces: A range of office configurations to suit diverse business needs. • Modern Amenities: Equipped with high-speed internet, contemporary HVAC systems, and updated facilities. • Professional Environment: Prestigious address enhancing your company’s image. • Convenient Parking: Ample on-site 3-level parking structure available for tenants and visitors, ensuring hasslefree access. • Community Integration: Close proximity to local dining, shopping, and cultural attractions. • Recently Remodeled • Across from NuSkin and LDS Temple
2nd Fl-Ste 230B
| Size | 58 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Executive Suite -$500/month FS
2nd Fl-Ste 230C
| Size | 58 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Executive Suite -$500/month FS
2nd Fl-Ste 230D
| Size | 58 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Executive Suite -$500/month FS
Property Taxes
| Parcel Number | 04-062-0044 | Improvements Assessment | $9,500,100 |
| Land Assessment | $2,704,600 | Total Assessment | $12,204,700 |
Property Taxes
