Property Details

Type: Development

Details: 3 buildings, 227,000 SF total

Acreage: 12.438 acres

Property Description

Notes: Brand new development. Pre-leasing now. Each unit is roughly 5,000 SF, but can be combined with adjoining units. The development will be done in 3 phases, with buildings ranging from 45,000 SF to 94,000 SF. The site is in an "Opportunity Zone," where after a hold of 10 years, capital gains are tax free.

Location Description: 156,712 population within 5 miles, positioned with easy access to the I-15 (185,000 VPD), downtown Provo, Brigham Young University, and Timpanogos Golf Club.

Highlights

• 12-month delivery upon lease execution
• Early tenants have ideal location and access
• High family and student density