Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah
$2,500,000
iCreate Building
Details
APN 19:008:0041
Property Type Office, Retail
Sub Type Sports/Entertainment, Storefront
Square Footage 11,426
Units 4
Tenancy Vacant
Class B
Year Built 2018
Year Renovated 2018
Buildings 1
Stories 2
Acreage 0.810
Zoning Commercial
Investment Type Owner/User
Ground Lease No
Ceiling Height 10-14
Premier Office/Retail Space near BYU & UVU
Marketing description
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.
The property offers a tenant improvement allowance, making it ideal for diverse uses such as an event/reception center, co-working space, tech hub, or even a trendy restaurant. Various amenities attract businesses like marketing agencies, sales teams, and recruitment firms. With a demographic profile showing a growing population with a median household income of $72k+, this property presents a prime opportunity for businesses looking to establish a prominent presence in a thriving area. Don't miss out on this exceptional chance to elevate your business at the iconic Banzai Building!
Investment highlights
- Investment Opportunity Available
- NOI: $175,000
- Cap Rate: 7%
- 3% yearly rent escalations 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
Listing Contacts
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah
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Zoning
SC2 CommercialNeighborhood CommercialCommunity Shopping Center
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View all 60 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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