483 2310, Provo, UT 84604
—BD/—BA Commercial Sale in Provo, UT 84604. Built 2022. Listed at $5,600,000. MLS #2129731.
—BD/—BA Commercial Sale in Provo, UT 84604. Built 2022. Listed at $5,600,000. MLS #2129731.
$5,600,000
Originally listed at $5,682,000
Offered for sale is a 10,608 SF single-tenant commercial building leased to a Paul Mitchell School location. The offering is for the real estate only. The operating business is not included. Constructed in 2022, the property features modern building systems and contemporary construction, minimizing near-term capital expenditure risk. The asset is secured by a Triple Net Lease, providing investors with a highly passive ownership structure where the tenant is responsible for taxes, insurance, and maintenance. This results in predictable cash flow and minimal management requirements. The property is located in a strong Provo submarket within Utah County, an area known for consistent population growth, a highly educated workforce, and a diverse economic base anchored by major universities and the expanding Silicon Slopes tech corridor. Strong in-migration and limited availability of newer product continue to support long-term real estate fundamentals. This offering is ideal for investors seeking a low-maintenance, newer construction NNN asset in a high-growth Utah market.
Property Type
Commercial Sale
Property Style
Retail
County
Utah
Zoning
Commercial
Lot Size
1.15 sq ft
Condition
Blt./Standing
MLS #
2129731
Property Type
Commercial Sale
Property Style
Retail
County
Utah
Zoning
Commercial
Lot Size
1.15 sq ft
Condition
Blt./Standing
MLS #
2129731
List Price
$5,600,000
Original Price
$5,682,000
Annual Taxes
$30,293
Home Warranty
No
List Price
$5,600,000
Original Price
$5,682,000
Annual Taxes
$30,293
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Flat,PVC
Flooring
Concrete
Appliances
Real Estate
Heating
Forced Air
Cooling
Central Air
Roof
Flat,PVC
Flooring
Concrete
Appliances
Real Estate
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$475,000
+1079% vs median
62 days
182
$189,900 – $43,000,000
$30,293
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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