Novell Tower — Lease in Provo, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Provo, UT 84606

Description

47,832 Square Feet of Sublease Space Available Immediately

Market Context

This office in Provo, UT is listed for lease. It has been on the market for 196 days. Compare it against other office listings for lease in Provo, UT — view the full market.

As of Q3 2025, the Salt Lake City office market showed average asking rents near $26.82/SF/yr, and cap rates around 6.6%. Source: multiple brokerage reports, Q3 2025.

Office market FAQ

What is the typical cap rate for office in Salt Lake City?
About 6.6% as of Q3 2025, per multiple brokerage reports.

Estimated Market Rate

$1.90/SF/mo – $2.57/SF/mo

Mid: $2.24/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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