4949 N 300 W - Office FOR SALE


Provo, UT 84604
$22,000,000 USD
801-578-5534
4949 N 300 W, Provo, UT for Sale
$22,000,000 USD
Office - FOR SALE
1/7
null | 10.33% Cap Rate

4949 N 300 W
Provo, UT 84604


HIGHLIGHTS

  • Single Tenant Investment (Vivint, Inc.)
  • Class A, LEED Certified
  • Critical sales, training and recruiting HQ for Vivint Smart Home
  • Significant, high-end self-funded Tenant Improvements underway (November 2024 completion date)
  • Adjacent to Shops at Riverwoods, an upscale shopping center includes a variety of retail stores, restaurants, and entertainment options, enhancing the
  • Located in the prestigious Riverwoods Office Park

OVERVIEW

Newmark and Woodley Real Estate are pleased to announce the availability of the NRG (operating as Vivint Smart Home, Inc.) Provo Office Building. Located in the prestigious Riverwoods Office Park, this 100,118 square foot Class A office asset presents a strategic opportunity for investors seeking cash flow at an attractive value. The property has served as a mission-critical location for Vivint Smart Home, which was acquired by NRG in 2023. Its proximity to upscale east bench executive housing and a short commute to key employment centers like Brigham Young University (BYU) and Utah Valley University (UVU) enhances its appeal for employee retention and recruitment.

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

10.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vivint Single Tenant Investment

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

356

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,583 SF

ZONING

RBP

APN/PARCEL ID

51-511-0001,51-511-0002

ASK ABOUT THIS PROPERTY

Bryce BlanchardNewmarkMore Info
801-578-5534

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Bryce BlanchardNewmarkMore Info
801-578-5534

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.