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Single-Tenant Medical Center
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135 South Orem Blvd, Orem, UT 84057

Purpose-built dialysis and physician clinic occupied by Fresenius Medical Care under a long-term lease.

Property Size9,663 SF
Days on Market143

Property Features for 135 South Orem Blvd

General Information

Standard status Active
Size 9,663 SF
Property subtype Retail, Office
Occupancy 100%

Building Details

Buildings 1
Building Size 9,663 SF
Tenancy Single
Listing Agency: Colliers - San Diego - Carlsbad, California
Listed By: Jay Patel · License #01512624
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 1:43PM

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 - San Diego - Carlsbad, California

Investment Insights

Based on property information with market context.

Located at 135 South Orem Blvd in Orem, Utah, this single-tenant medical center contains 9,663 square feet configured for kidney care services. Hemodialysis functions occupy approximately 7,104 square feet, while the remaining 2,559 square feet supports a physician practice clinic. The facility includes 12 patient stations, a separate private station, and two home therapy rooms.

Fresenius Medical Care North America occupies the building under a new 15-year lease that commenced in June 2017. Lease terms provide 2% annual rent increases, with a guarantee from Fresenius Medical Care Holdings, Inc. The property sits next to a Super Target and one block west of State Street. Orem Community Hospital is one mile away, Timpanogos Regional Hospital is 2.2 miles away, and Utah Valley Hospital is 3.8 miles away. Utah Valley University and Brigham Young University are also nearby, with more than 80,000 residents within a 5-mile radius.

Key Highlights

  • 9,663‑square‑foot single‑tenant medical center
  • Approximately 7,104 SF dedicated to hemodialysis and 2,559 SF for physician practice space
  • 12 patient stations, one private station, and two home therapy rooms

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Hotel & Motel HVAC Service Electrical Service

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,594
Businesses Nearby

Demographics for 84057, UT

38,401
Population
12,246
Households
3.1
Avg Household Size
29
Median Age
39%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
6,194
Density / Sq Mi
$80,184
Median Household Income
$36,429
Median Earnings
$1,408
Median Rent
$398,400
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Medical center - Purpose-built dialysis and physician clinic occupied by Fresenius Medical Care under a long-term lease.
Where is this medical center located?
The property is located at 135 South Orem Blvd Orem, UT.
What are key features of this property?
This property features: 9,663‑square‑foot single‑tenant medical center; Approximately 7,104 SF dedicated to hemodialysis and 2,559 SF for physician practice space; 12 patient stations, one private station, and two home therapy rooms
More about this property
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