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5609 N University Ave

1,171 - 16,002 SF of 4-Star Retail Space Available in Provo, UT 84604

Highlights

  • Breathtaking Mountain Views
  • Flexible Space Sizes
  • Located on University Ave - Close Proximity to BYU
  • Hollywood Regency Design
  • Pad Site Available w/ Grease Trap
  • Adjacent to New Residential Development of 200 Luxury Townhomes

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 1,171-16,002 SF
  • Negotiable
  • £32.95 /SF/PA £2.75 /SF/MO £354.62 /m²/PA £29.55 /m²/MO £527,189 /PA £43,932 /MO
  • Triple Net
Space Use
Retail
Condition
Shell Space
Availability
Now

Welcome to Provo's Premier, Lifestyle Retail Space! Discover an exceptional retail opportunity with breathtaking mountain views at the gateway to Provo Canyon. Perfectly situated next to the Provo River and Provo River Parkway Trail, this property offers a stunning and prestigious setting for businesses seeking an unparalleled address. Located on University Avenue, our building ensures maximum visibility and convenience. Enhanced access with a new traffic light at the project entrance provides seamless access for customers and clients. Whether you are a retail shop, restaurant, or service provider, our versatile units are designed to cater to various commercial needs. The Hollywood Regency design offers a sophisticated and professional environment, perfect for elevating your brand. The building features ample parking for your customers' convenience and is directly adjacent to a high-end event and reception center ensuring a steady stream of potential customers. Additionally, tenants will benefit from increased exposure with a new residential project underway on adjacent parcels. Enjoy the tranquility and natural beauty of the Provo River while being just minutes away from major roads. Unlike crowded commercial areas, our property provides a spacious and serene atmosphere, combining convenience with nature's tranquility. Secure your unit today and position your business in one of Provo's most coveted retail spaces. Experience the perfect blend of accessibility, elegance, and natural beauty, and watch your business thrive in this vibrant community!

  • Lease rate does not include utilities, property expenses or building services
  • High End Trophy Space
  • Breathtaking Mountain Views
  • Hollywood Regency Design
  • Flexible Space Sizes
  • Pad Site Available w/ Grease Trap
  • Located on University Ave - Close Proximity to BYU
  • Abundant Natural Light
Space Size Term Rent Service Type
1st Floor 1,171-16,002 SF Negotiable £32.95 /SF/PA £2.75 /SF/MO £354.62 /m²/PA £29.55 /m²/MO £527,189 /PA £43,932 /MO Triple Net

1st Floor

Size
1,171-16,002 SF
Term
Negotiable
Rent
£32.95 /SF/PA £2.75 /SF/MO £354.62 /m²/PA £29.55 /m²/MO £527,189 /PA £43,932 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Shell Space
Availability
Now

Welcome to Provo's Premier, Lifestyle Retail Space! Discover an exceptional retail opportunity with breathtaking mountain views at the gateway to Provo Canyon. Perfectly situated next to the Provo River and Provo River Parkway Trail, this property offers a stunning and prestigious setting for businesses seeking an unparalleled address. Located on University Avenue, our building ensures maximum visibility and convenience. Enhanced access with a new traffic light at the project entrance provides seamless access for customers and clients. Whether you are a retail shop, restaurant, or service provider, our versatile units are designed to cater to various commercial needs. The Hollywood Regency design offers a sophisticated and professional environment, perfect for elevating your brand. The building features ample parking for your customers' convenience and is directly adjacent to a high-end event and reception center ensuring a steady stream of potential customers. Additionally, tenants will benefit from increased exposure with a new residential project underway on adjacent parcels. Enjoy the tranquility and natural beauty of the Provo River while being just minutes away from major roads. Unlike crowded commercial areas, our property provides a spacious and serene atmosphere, combining convenience with nature's tranquility. Secure your unit today and position your business in one of Provo's most coveted retail spaces. Experience the perfect blend of accessibility, elegance, and natural beauty, and watch your business thrive in this vibrant community!

  • Lease rate does not include utilities, property expenses or building services
  • High End Trophy Space
  • Breathtaking Mountain Views
  • Hollywood Regency Design
  • Flexible Space Sizes
  • Pad Site Available w/ Grease Trap
  • Located on University Ave - Close Proximity to BYU
  • Abundant 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 5609 N University Ave , Provo, UT 84604

Min. Divisible 1,171 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Internal Area 16,002 SF
Year Built/Renovated 1978/2024
Parking Ratio 8.5/1,000 SF

About the Property

Welcome to Provo's Premier, Lifestyle Retail Space! Discover an exceptional retail opportunity with breathtaking mountain views at the gateway to Provo Canyon. Perfectly situated next to the Provo River and Provo River Parkway Trail, this property offers a stunning and prestigious setting for businesses seeking an unparalleled address. Located on University Avenue, our building ensures maximum visibility and convenience. Enhanced access with a new traffic light at the project entrance provides seamless access for customers and clients. Whether you are a retail shop, restaurant, or service provider, our versatile units are designed to cater to various commercial needs. The Hollywood Regency design offers a sophisticated and professional environment, perfect for elevating your brand. The building features ample parking for your customers' convenience and is directly adjacent to a high-end event and reception center ensuring a steady stream of potential customers. Additionally, tenants will benefit from increased exposure with a new residential project underway on adjacent parcels. Enjoy the tranquility and natural beauty of the Provo River while being just minutes away from major roads. Unlike crowded commercial areas, our property provides a spacious and serene atmosphere, combining convenience with nature's tranquility. Secure your unit today and position your business in one of Provo's most coveted retail spaces. Experience the perfect blend of accessibility, elegance, and natural beauty, and watch your business thrive in this vibrant community!

  • Listing ID: 32163900

  • Date on Market: 17/06/2024

  • Last Updated:

  • Address: 5609 N University Ave, Provo, UT 84604

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