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University Building 282-296 N University Ave
1,634 - 6,789 SF of Office Space Available in Provo, UT 84601
Highlights
- Easy access to transit, with a UVX station right in front of the building.
- Walking distance to downtown shops and restaurants.
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 290 | 1,634 SF | Negotiable | £16.48 /SF/PA £1.37 /SF/MO £177.44 /m²/PA £14.79 /m²/MO £26,936 /PA £2,245 /MO | Triple Net | ||
| 2nd Floor, Ste 290 | 5,155 SF | Negotiable | £16.48 /SF/PA £1.37 /SF/MO £177.44 /m²/PA £14.79 /m²/MO £84,979 /PA £7,082 /MO | Triple Net |
1st Floor, Ste 290
Nestled in the vibrant heart of downtown Provo, this modern office space is the perfect hub. Designed with flexibility, it is ready to cater to the dynamic needs of a business looking to streamline its operations without compromising quality or location. This space offers the rare combination of downtown allure and practical design. Rent incentives are offered if you lease space before the end of 2024.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 14 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 6,789 SF of adjacent space
- Kitchen
- Corner Space
- Exposed Ceiling
- Natural Light
2nd Floor, Ste 290
Nestled in the vibrant heart of downtown Provo, this modern office space is the perfect hub for a forward-thinking tech company. Spanning an adaptable 5,000 to 7,000 square feet, the area is designed with flexibility in mind, ready to cater to the dynamic needs of a business looking to streamline its operations without compromising on quality or location. Ideal for a tech company aiming to downsize thoughtfully, this space offers the rare combination of downtown allure and practical design. Embrace the opportunity to position your company in a locale that echoes the innovative spirit of your team. Incentives being offered if you lease space before the end of 2024.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 13 - 42 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 6,789 SF of adjacent space
- Kitchen
- Corner Space
- Exposed Ceiling
- Natural Light
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 282-296 N University Ave , Provo, UT 84601
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.8/1,000 SF |
| Gross Internal Area | 10,642 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 10,642 SF |
| Year Built | 1957 |
| Parking Ratio | 0.8/1,000 SF |
About the Property
University Building is located at the corner of University Avenue and 300 North in downtown Provo. Within walking distance to all the shops and restaurants located in the downtown core. This location is also walkable to the nearby office buildings and Brigham Young University. You will also find a UVX station right in front of the building which increases the foot traffic and makes this an ideal place for any type of business.
- Signage
- Signalised Intersection
Nearby Major Retailers
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John Monson -
Power Broker Brandon Fugal -
Colliers International
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University Building | 282-296 N University Ave
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