Riverwoods Business Park
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Riverwoods Business Park
3 Office Properties Offered at $29,800,000 in Provo, UT
Investment Highlights
- Creative, Class A finishes
- Rare underground parking
- Stunning mountain views
- Convenient location: directly accessible from University Avenue, a four lane arterial connecting to I-15 to the south, or from 800 North in Orem.
Executive Summary
Riverwoods Business Park is the most prestigious established office destination in Provo, located adjacent to numerous restaurants and retail amenities at the Shops at Riverwoods. Offering stunning mountain views, rare underground parking, and a true park setting; Riverwoods is ideally positioned to accommodate your business.
With close proximity to both Brigham Young University (BYU) minutes away and Utah Valley University (UVU) - Utah’s largest institution, the location is unmatched for employee recruitment and retention. In addition, the most prestigious gated residential developments matched with a diversity of housing options (including student housing, multifamily and other product types) surround this landmark location. With pricing significantly below replacement cost, this is a rare opportunity to own an irreplaceable asset in one of the most dynamic markets in the United States.
With close proximity to both Brigham Young University (BYU) minutes away and Utah Valley University (UVU) - Utah’s largest institution, the location is unmatched for employee recruitment and retention. In addition, the most prestigious gated residential developments matched with a diversity of housing options (including student housing, multifamily and other product types) surround this landmark location. With pricing significantly below replacement cost, this is a rare opportunity to own an irreplaceable asset in one of the most dynamic markets in the United States.
Property Facts
| Price | $29,800,000 | Number of Properties | 3 |
| Price / SF | $143.29 / SF | Individually For Sale | 0 |
| Cap Rate | 9.01% | Total Building Size | 207,963 SF |
| Sale Type | Investment or Owner User | Total Land Area | 17.39 AC |
| Status | Active |
| Price | $29,800,000 |
| Price / SF | $143.29 / SF |
| Cap Rate | 9.01% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 207,963 SF |
| Total Land Area | 17.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Riverwoods II
5252 N Edgewood Dr, Provo, UT 84604 |
Office | 72,000 SF | 2000 | - |
|
Riverwoods I
5152 N Edgewood Dr, Provo, UT 84604 |
Office | 55,287 SF | 1994 | - |
|
Riverwoods III
5255 N Edgewood Dr, Provo, UT 84604 |
Office | 80,676 SF | 2001 | - |
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John Monson -
Grant Lammersen -
Colliers International
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