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    130-176 E University Pkwy Orem, UT 84058

    For Lease
    Contact for pricing

    Excellent retail opportunity in Orem's Miracle Mile retail corridor.

    Property size:
    27,783 SF
    Lot size:
    12.24 Acres

    Property Features for 130-176 E University Pkwy

    General Information

    Size
    27,783 SF
    Lot size
    12.24 Acres

    Source: Mountain West - Corporate Agent Andy Moffitt

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

    Overview

    Prime Retail Space in Orem

    This 27,783 square foot retail space is located within Orem's Miracle Mile retail corridor. The property benefits from high traffic counts, with 58,955 ADT on University Parkway and 48,358 ADT on State Street. The space was originally a Toys R Us location and features ceiling heights that slope from 13 feet in the front to 12 feet 6 inches in the rear. It offers excellent co-tenancy with national tenant profiles.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -111.6919918
    Latitude
    40.2718803

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    FAQs

    What type of property is this?
    Retail space - Excellent retail opportunity in Orem's Miracle Mile retail corridor.
    Where is this retail space located?
    The property is located at 130-176 E University Pkwy Orem, UT.
    What are key features of this property?
    This property features: - Excellent co-tenancy with national tenant profiles; - Prime retail corridor location on Orem's Miracle Mile; - High traffic counts: **58,955 ADT on University Parkway**
    (801) 456-8800
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    130-176 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
    130-176 E University Pkwy Orem, UT 84058
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