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Class A Office Space Available
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500 E Park Ave, Orem, UT

Class A office space for lease with on-site amenities.

Space Size4,098 SF - 24,493 SF
Lot Size1.17 Acres
Days on Market653

Property Features for 500 E Park Ave

General Information

Standard status Active
Size 4,098 SF - 24,493 SF
Lot size 1.17 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 500 E Park Ave Contact us

500 E Park Ave $28.50 – $32/SF/Yr

Floor
6
Size
4,649 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
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500 E Park Ave $28.50 – $32/SF/Yr

Floor
6
Size
5,154 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
show more
Contact us

500 E Park Ave $28.50 – $32/SF/Yr

Floor
6
Size
7,166 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
show more
Contact us

500 E Park Ave $28.50 – $32/SF/Yr

Floor
6
Size
7,169 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
show more
Contact us

500 E Park Ave $28.50 – $32/SF/Yr

Floor
7
Size
4,098 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
show more
Contact us

500 E Park Ave $28.50 – $32/SF/Yr

Floor
7
Size
4,771 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
show more
Contact us

500 E Park Ave $28.50 – $32/SF/Yr

Floor
7
Size
6,788 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
show more
Contact us

500 E Park Ave $28.50 – $32/SF/Yr

Floor
8
Size
24,493 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- 3,156 - 100,000 Sq. Ft. 4 Story Class A Office On Top Of 5 Story Parking Structure -...
show more
Contact us
Listing Agency: Colliers | Salt Lake City Millrock
Listed By: Brandon Fugal · License #5477023-SA00
Source: Moodyscre
Added: Oct 29, 2024 Changed: Aug 10 Last Checked: Aug 11 at 8:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Salt Lake City Millrock

Investment Insights

Based on property information with market context.

This Class A office space is available for lease, offering between 3,156 and 100,000 square feet within a 4-story building situated atop a 5-story parking structure. The property is ready for improvements, and four brand new spec suites are currently available. The lease rate ranges from $28.50 to $32.00 per square foot, with full service included. On-site amenities include a fitness center. The location benefits from 1.3 million square feet of retail space and 30 on-site restaurants. It is adjacent to Costco and Trader Joe's, and an on-site housing development is present. The property is located 1.6 miles from BYU (with 33,500 students) and 1.1 miles from UVU (with 41,000 students). Building 3, a planned 140,000 square foot 5-story building, is upcoming.

Key Highlights

  • Class A office space with flexible sizing from 3,156 to 100,000 Sq. Ft.
  • Prime location with 1.3 Million Sq. Ft. of Retail and 30 On‑Site Restaurants
  • Conveniently located adjacent to Costco and Trader Joes

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Cafe & Coffee Shop (Bike/Boat/Book/etc) Store HVAC Service Nail Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,519
Businesses Nearby

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space for lease with on-site amenities.
Where is this office units located?
The property is located at 500 E Park Ave Orem, UT.
What is the lease rate?
The lease rate is $28.50 SF/Yr.
What are key features of this property?
This property features: Class A office space with flexible sizing from 3,156 to 100,000 Sq. Ft.; Prime location with 1.3 Million Sq. Ft. of Retail and 30 On‑Site Restaurants; Conveniently located adjacent to Costco and Trader Joes
(801) 947-8328 Call to check price and availability
More about this property
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