• Urban Grove - 365 S Garden Grove Ln, Pleasant Grove, UT 84062

For Sale

Office

For Sale

This property is available for sale
2.43
Acres
$25,684,000
Sale Price
  • Year Built
    2019
  • Total Building Size
    6,206 RSF
  • Overview

    Colliers International is pleased to present the opportunity for qualified investors to acquire Urban Grove, a 105,968 square foot Class A suburban office building located in the heart of Utah’s Silicon Slopes. Urban Grove is located in Pleasant Grove, one of the hottest submarkets in the Salt Lake Metro office market; as well as in the rapidly expanding Silicon Slopes tech office submarket. Urban Grove is centrally located near a very educated workforce population and two of Utah’s largest universities – Brigham Young University (32,000 students) and Utah Valley University (41,000 students). In addition, vital freeway and mass transit access, retail and entertainment amenities and surrounding commercial developments make Urban Grove a dynamic destination for tenants in many industries.


    Developed by The Gardner Company, the LEED-designed Urban Grove opened in 2019 with Class A finishes, gorgeous tenant suites and a parking ratio of 5/1,000. The building is 100% occupied with a strong and diverse tenant-mix which includes Orchard Securities, Summit Fulfillment, Ryan Tax Consulting, Intercap Lending, Klas Enterprises, Highland Title, Q Biosciences, and more. The property benefits from impressive architectural features, including a prominent suspended staircase in the main building lobby.

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Property Details

Colliers International is pleased to present the opportunity for qualified investors to acquire Urban Grove, a 105,968 square foot Class A suburban office building located in the heart of Utah’s Silicon Slopes. Urban Grove is located in Pleasant Grove, one of the hottest submarkets in the Salt Lake Metro office market; as well as in the rapidly expanding Silicon Slopes tech office submarket. Urban Grove is centrally located near a very educated workforce population and two of Utah’s largest universities – Brigham Young University (32,000 students) and Utah Valley University (41,000 students). In addition, vital freeway and mass transit access, retail and entertainment amenities and surrounding commercial developments make Urban Grove a dynamic destination for tenants in many industries.


Developed by The Gardner Company, the LEED-designed Urban Grove opened in 2019 with Class A finishes, gorgeous tenant suites and a parking ratio of 5/1,000. The building is 100% occupied with a strong and diverse tenant-mix which includes Orchard Securities, Summit Fulfillment, Ryan Tax Consulting, Intercap Lending, Klas Enterprises, Highland Title, Q Biosciences, and more. The property benefits from impressive architectural features, including a prominent suspended staircase in the main building lobby.

  • Property Type
    Office
  • Submarket
  • Year Built
    2019
  • Sale Price
    $25,684,000
  • Total Building Size
    6,206RSF
  • Total Acres
    2.43
  • Cap Rate
    7.0%
  • Number of Floors
    3
  • Building Class
    A
  • Property ID
    2178921

Landlord's Sales Representatives

  • Rawley Nielsen
    Colliers | Salt Lake City - Downtown
     
  • Brandon Fugal
    Colliers | Salt Lake City - Millrock
     
  • Jordan Wall
    Colliers | Salt Lake City - Millrock
     
  • Josh Smith
    Colliers | Salt Lake City - Millrock
     
  • Mark Jensen
    Colliers | Salt Lake City - Downtown
     
  • Darren Nielsen
    Colliers | Salt Lake City - Downtown