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    293-394 E University Pkwy Orem, UT 84058

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    For Lease
    $26 SF/Yr ($7,605 /Mo)

    Retail space available in a busy power center.

    Property size:
    3,510 SF
    Lot size:
    14.22 Acres

    Property Features for 293-394 E University Pkwy

    General Information

    Size
    3,510 SF
    Lot size
    14.22 Acres

    Source: Mountain West - Corporate Agent Lance Pendleton

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

    Overview

    Retail Space in Power Center

    Available retail space is located within a power center at a busy intersection in Utah County with over 100,000 vehicles per day. Co-tenants include In-N-Out, Outback, Nordstrom Rack, Burlington, and Barnes & Noble. The space is 3,510 square feet with NNN expenses of $3.46 per square foot.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.6901239
    Latitude
    40.2738222

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in a busy power center.
    Where is this strip mall located?
    The property is located at 293-394 E University Pkwy Orem, UT.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Located at a high-traffic intersection with over 100,000 vehicles per day (VPD).; - Power center space available.; - 3,510 sf available.
    (801) 456-8800
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    293-394 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
    293-394 E University Pkwy Orem, UT 84058
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