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Seven Brew Provo River's Edge 2342 University Pkwy

510 SF Retail Building Provo, UT 84604 £1,274,077 (£2,498/SF) 5.65% Net Initial Yield

Investment Highlights

  • 15 Year NNN Ground Lease
  • Zero Landlord Responsibilities
  • Highly Visible & Easily Accessible
  • 10% Increases Every 5 Years
  • Outparcel to Newly Developed Rivers Edge Mixed Use Project
  • Major Retail & Traffic Corridor, Strong Trade Area

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
510 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Price
£1,274,077
Price Per SF
£2,498
Net Initial Yield
5.65%
NOI
£71,985
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Land Acres
0.46 AC
Zoning
SC3 - Commercial
Frontage
155 ft on North University Parkway

Amenities

  • Drive Thru
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

7 Brew Coffee
Walmart Neighborhood Market
The Habit Burger Grill
Olive Garden Italian Rstrnt
Cafe Rio
Black Bear Diner
Red Lobster
KeyBank
Zions Bank
Cafe Zupas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-733-0014
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£678,384
  • Listing ID: 32748562

  • Date on Market: 09/08/2024

  • Last Updated:

  • Address: 2342 University Pkwy, Provo, UT 84604

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