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ActiveMLS# 2129731179 days on market

$5,600,000

483 W 2310 N

Provo, UT 84604

0 BD|0 BA|10,608 SQFT|$527.9/sqft

About This Property

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 Details

Property TypeCommercial
Year Built2022
Lot Size50,094 sqft
Price / Sqft$527.9
Days on Market179
MLS Number2129731

Christina Lovell

REALTOR®

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Est. Monthly Payment

$33,683

P&I: $28,317 | Tax: $3,967 | Insurance: $1,400

$5,600,000
%
%
Loan Amount$4,480,000
Down Payment$1,120,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

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