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555-561 E 1860 S
Provo, UT 84606
Absolute Net Leased Investment Opportunity · Office Property For Sale
Property Facts
Property Type
Office
Building Size
14,800 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,800 SF
Building FAR
1.00
Lot Size
0.34 AC
Parking
100 Spaces (6.76 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Kitchen
- Open-Plan
- Plug & Play
- Monument Signage
- Air Conditioning
About 555-561 E 1860 S , PROVO, UT 84606
ABSOLUTE NET LEASE Tenant: Rocky Mountain University Lease expiration: 12/31/2023 Lease option: 12/31/2025 Escalations: (starting 1/1/2019) 3% NOI: $220,764.00 CAP Rate: 7.5% 14,812 SF Academic Build-Out Large Stadium Seating Classrooms Drop Down Projectors Dry Erase Boards Faculty Lounge and other Facilities Large Restrooms High Parking Ratio Sales Price: $2,945,000.00 Year Built: 1995 Remodeled in 2010 Off I-15 Exit 263 Provo
Property Taxes
| Parcel Number | 66-265-0003 | Improvements Assessment | $1,956,400 |
| Land Assessment | $398,600 | Total Assessment | $2,355,000 |
Property Taxes
Parcel Number
66-265-0003
Land Assessment
$398,600
Improvements Assessment
$1,956,400
Total Assessment
$2,355,000
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