Novell Tower — Lease in Provo, UT

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

Photos

Novell Tower — Lease in Provo, UT, photo 1 of 2
Novell Tower — Lease in Provo, UT, photo 2 of 2

Description

47,832 Square Feet of Sublease Space Available Immediately

Market Context

This office in Provo, UT is listed for lease. Compare it against other office listings for lease in Provo, UT — view the full market.

As of Q1 2026, the Salt Lake City office market showed a 22.9% vacancy rate, average asking rents near $26.39/SF/yr, and rents up 2.2% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Salt Lake City office market tightening or softening?
Vacancy is around 22.9%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.87/SF/mo – $2.53/SF/mo

Mid: $2.20/SF/mo

By our match to nearby addresses in brokers' reports, this property is in the Utah County South submarket, where average asking rent was $22.87/SF/yr in Cushman & Wakefield's Q1 2026 report.

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