Industrial Property for Lease in Provo, UT
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Provo, UT 84606
Description
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Market Context
This industrial in Provo, UT is listed for lease. It has been on the market for 5 days. Compare it against other industrial listings for lease in Provo, UT — <a href="/search/lease/industrial/utah/provo">view the full market</a>.
As of Q1 2026, the Salt Lake City industrial market showed a 2.5% vacancy rate, average asking rents near $5.64/SF/yr, and cap rates around 5.2%. Source: Consensus Q1 2026 market report.
Tight vacancy keeps competition for quality space elevated.
Industrial market FAQ
- What is the typical cap rate for industrial in Salt Lake City?
- About 5.2% as of Q1 2026, per Consensus.
- Is the Salt Lake City industrial market tightening or softening?
- Vacancy is around 2.5% (Q1 2026).
Unified Estimate
Medium Confidence$0.49/SF/mo – $0.67/SF/mo
Mid: $0.58/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Ben Richardson · 1801706-1137 · ben.richardson@nmrk.com
- Ben Richardson · 1801706-1137 · ben.richardson@nmrk.com
- Kolby Long · 1801907-5950 · kolby.long@nmrk.com
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