Listing Agency: Colliers - Pleasant Grove - Utah County, Utah

Listed By: David Runnells ★ · License #UT 5491582

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:58PM

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Investment Insights

Based on property information with market context.

This office property contains 4,800 SF of total space and is offered for sale. A ground lease structure is negotiable, providing an additional transaction framework for consideration.

The property is located at 199 W Center St in Orem, Utah, directly in front of Target and near Center Street. Its office configuration and prominent retail-facing setting provide a clear basis for evaluating the offering.

Key Highlights

• 4,800 SF of total office space
• Positioned in front of Target
• Located at 199 W Center St, Orem, UT 84057

Property Analytics

Property Profile

Current Use

Vivos Technology Center Industrial Manufacturer

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale Store Electrical Service Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

1,570

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space totaling 4,800 SF is positioned in front of Target along Center Street.

Where is this office units located?

The property is located at 199 W Center St Orem, UT.

What are key features of this property?

This property features: 4,800 SF of total office space; Positioned in front of Target; Located at 199 W Center St, Orem, UT 84057