View of commercial property with uncovered parking

483 W 2310 N, Provo, Utah 84604

$5,600,000

Overview

Property ID: HZ2129731

Commercial Sale
Property Type

10608 Sqft
Area Size

Description

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.