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    86 E University Pkwy Orem, UT 84058

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    For Lease
    Contact for pricing

    45,233 SF retail space in Orem's retail corridor.

    Property size:
    45,233 SF
    Lot size:
    12.24 Acres

    Property Features for 86 E University Pkwy

    General Information

    Size
    45,233 SF
    Lot size
    12.24 Acres

    Source: Colliers | Salt Lake City Millrock Agent Lori Coburn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Orem Retail Space Available

    This 45,233 square-foot retail space is available for rent in Orem, Utah. The property benefits from its location in the city's retail corridor and offers quick and easy freeway access. The space is in vanilla shell condition and features an open layout. The ceiling height slopes from 13 feet in the front to 12 feet 6 inches in the rear. The property experiences high traffic counts, with 60,134 ADT on University Parkway. There are 8 years remaining on the lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lucky Clover Designs ... Interior Designer Painted Tree Boutiques ... Shopping Mall Seeking Good Gift Shop Rachel's Refuge Jewelry Designer The Warehouse - Orem Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.6930836
    Latitude
    40.2720743

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    FAQs

    What type of property is this?
    Retail space - 45,233 SF retail space in Orem's retail corridor.
    Where is this retail space located?
    The property is located at 86 E University Pkwy Orem, UT.
    What are key features of this property?
    This property features: - Large Available Space: 45,233 SF provides significant flexibility.; - Prime Retail Location: Excellent placement in Orem's retail corridor.; - High Traffic: 60,134 ADT on University Parkway ensures visibility.
    (801) 947-8300
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    86 E University Pkwy Orem, UT 84058
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    86 E University Pkwy Orem, UT 84058
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