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2230 UNIVERSITY PARKWAY, Provo, UT 84604
$2,450,000
2230 UNIVERSITY PARKWAY, Provo, UT 84604
Type
SFR
List Price
$2.45M
Price/Sqft
$214
Est Gross Yield
1.1%
$27,084/yr est.
Property Details
Description
Commercial Property Investment Opportunity Premier Office/Retail Space near BYU & UVU Marketing description Seller will review and consider all serious offers. Introducing the Banzai Building! Nestled at 2230 N. University Parkway in Provo, Utah, this versatile 11,426 SF property is now available for sale or lease. Boasting high visibility on the bustling University Parkway with 40,000 ADT, the Banzai Building sits in Historic Cotton Tree Square by the picturesque Provo River, strategically located between BYU and UVU. Investment highlights Investment Opportunity Available NOI: $186,839 Cap Rate: 7.5% 3% yearly rent increases in place Email brokers request for lease and financial details In Historic Cotton Tree Square On Provo River High University Parkway Exposure 40,000 ADT Between BYU and UVU
Listed by David Runnells · Colliers International LLC (Wasatch)
Location
2230 UNIVERSITY PARKWAY, Provo, UT 84604
Proforma
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Cap Rate
0.74%
Cash-on-Cash
-10.51%
Cash Flow
-$8,047/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/6/2026, 9:32:55 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.