Commercial Real Estate Listings in Provo, UT
The Provo real estate market has a lot to offer.
You will find that Industrial space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Office
56
1,283,307 Sq. Ft.
Retail
20
1,206,488 Sq. Ft.
Industrial
12
17,773 Sq. Ft.
Office
51.18%
Retail
48.11%
Industrial
0.71%
Top Locations for Commercial Space in Provo, UT
Depending on the type of space that you’re looking for, different areas of Provo may suit your needs differently.
The city’s Riverside neighborhood has the highest concentration of CRE listings, offering 25 availabilities on the market.
The East Bay neighborhood is home to the second-largest number of leasing opportunities — 19 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Riverside.
Neighborhood with most CRE Listings
No. of Spaces
Riverside
25
East Bay
19
Joaquin
13
Neighborhood with most Office Listings
No. of Spaces
Riverside
21
Joaquin
13
East Bay
11
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Spring Creek area is the local Provo submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Provo, you’ll find the most such opportunities for lease to be in Carterville.
Neighborhood with most Industrial Listings
No. of Spaces
Spring Creek
3
East Bay
3
Provo Bay
2
Neighborhood with most Retail Listings
No. of Spaces
Carterville
9
Riverbottoms
5
East Bay
5
Commercial Real Estate for Sale in Provo, UT
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 826,566 square feet of commercial property for sale in Provo.
The largest investment opportunity on the local market offers 185,382 square feet of earning potential.
If you are looking to buy a smaller property, consider that local listings for sale start at 3 square feet.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Provo, UT
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.