Neighborhood Shopping Center
For Sale
Contact for pricing
Pending
176 E University Pkwy, Orem, UT 84058
Family Center shopping center is anchored by major retailers, including Michaels, Dollar Tree, and JoAnn Fabrics.
Property SizeContact for details
Days on Market141
Property Features for 176 E University Pkwy
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
60,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Newmark Mountain West
Listed By:
Brieona Pappas · License #UT 8419973-SA00
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 29 at 12:44AM
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 Newmark Mountain West
Investment Insights
Based on property information with market context.
Family Center is a retail shopping center featuring multiple national tenants, including JoAnn Fabrics, Lumber Liquidators, Michaels, Dollar Tree, and Tuesday Morning. The center includes multiple newly executed, corporately guaranteed 10-year leases, with an additional lease reported as in negotiations.
The property is located directly off University Parkway in Orem, where traffic is described as roughly 60,000 vehicles per day. Positioned in Utah County, the center benefits from strong retail tenant presence and convenient access off the main thoroughfare.
For buyers seeking a multi-tenant retail asset with several long-term, corporately guaranteed lease commitments, Family Center provides a straightforward tenant mix and a leasing pipeline that includes one additional lease in progress.
The property is located directly off University Parkway in Orem, where traffic is described as roughly 60,000 vehicles per day. Positioned in Utah County, the center benefits from strong retail tenant presence and convenient access off the main thoroughfare.
For buyers seeking a multi-tenant retail asset with several long-term, corporately guaranteed lease commitments, Family Center provides a straightforward tenant mix and a leasing pipeline that includes one additional lease in progress.
Key Highlights
- Family Center at Orem shopping center anchored by major retailers including Michaels, Dollar Tree, and JoAnn Fabrics
- Multiple heavily trafficked retail tenants listed: Lumber Liquidators and Tuesday Morning
- Includes multiple brand new, corporately guaranteed 10‑year leases, with another lease in negotiations
Property Analytics
Property Profile
Current Use
Lease Details
60,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
390k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 35%
Electronics 7%
Groceries 6%
Texas Roadhouse
Dining
32,813 visits/mo
0.4 miles
Best Buy
Electronics
27,616 visits/mo
0.3 miles
Michaels
Shops & Services
25,306 visits/mo
0.1 miles
Jo-Ann Fabric and Craft
Shops & Services
24,203 visits/mo
0.1 miles
PetSmart
Shops & Services
20,674 visits/mo
0.4 miles
Demographics for 84058, UT
33,734
Population
11,749
Households
2.9
Avg Household Size
26
Median Age
41%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,217
Density / Sq Mi
$71,474
Median Household Income
$27,325
Median Earnings
$1,395
Median Rent
$441,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Orem State Street Plaza — 1666 State St, Orem, UT 84097
- Painted Tree Boutiques - Orem — 86 E University Pkwy, Orem, UT 84058
- Lake Pointe Shopping Center — 296 W University Pkwy, Orem, UT 84058
- Carillon Square — 309 E University Pkwy, Orem, UT 84058
- University Crossing — 386 E University Pkwy, Orem, UT 84058
Frequently Asked Questions
What type of property is this?
Shopping center - Family Center shopping center is anchored by major retailers, including Michaels, Dollar Tree, and JoAnn Fabrics.
Where is this shopping center located?
The property is located at 176 E University Pkwy Orem, UT.
What are key features of this property?
This property features: Family Center at Orem shopping center anchored by major retailers including Michaels, Dollar Tree, and JoAnn Fabrics; Multiple heavily trafficked retail tenants listed: Lumber Liquidators and Tuesday Morning; Includes multiple brand new, corporately guaranteed 10‑year leases, with another lease in negotiations
