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1959 N STATE ST, Provo, UT 84604
1959 N STATE ST, Provo, UT 84604
Subtype
Retail
Building SF
5,144
$/SF
$232
Lot
0.06 ac
Amazing investment opportunity on State Street between Provo and Orem! Ideal location and curb appeal with high visibility in the Professional Office Park on Provo-Orem State Street Hill, including pylon signage. Current use is Salon services on the ground level but the building has been used as a physician office and professional office. Brick construction with a lifetime tile roof. Tenants on the ground level are on a three-year renewable lease. Basement is currently vacant. This is a triple NET lease--Tenants pay for their own insurance, HOA Dues, and Property Taxes, and maintenance. Each tenant maintains their own individual unit (basement and ground floor). Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Listed by Samuel D King · Equity Real Estate
1959 N STATE ST, Provo, UT 84604
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$232
GRM
11.8
Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:02:10 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.