Retail Space on University
For Lease
Contact for pricing
340 E University Pkwy, Orem, UT 84058
3,510 SF retail space with high traffic counts.
Space Size3,510 SF
Days on Market722
Property Features for 340 E University Pkwy
General Information
Standard status
Active
Size
3,510 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
3,510 SF
Tenancy
Single
Spaces For Lease
at 340 E University Pkwy Contact us- Size
- 3,510 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Newmark Mountain West
Listed By:
Lance Pendleton · License #UT 5594649-SA00
(801) 885-4304
Source:
Crexi
Added: Sep 12, 2024
Changed: Aug 31
Last Checked: Aug 29 at 9:09AM
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.
A 3,510 square foot retail space is available. The location is situated off University Parkway in Orem, Utah, an area that experiences high traffic volume. Specifically, the intersection of University Parkway and State Street sees over 100,000 vehicles on average. The lease rate ranges from $26 to $35 per square foot, NNN. Co-tenants in the vicinity include In-N-Out, Outback Steakhouse, Nordstrom Rack, Burlington, and Barnes & Noble.
Key Highlights
- High‑traffic location: Over 100,000 average vehicles at University Parkway and State Street intersection.
- Sizeable space: 3,510 square feet available.
- Prime location right off University Parkway in Orem.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,813
Businesses Nearby
380k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 38%
Electronics 7%
Groceries 6%
Texas Roadhouse
Dining
32,813 visits/mo
0.3 miles
Best Buy
Electronics
27,616 visits/mo
0.3 miles
Michaels
Shops & Services
25,306 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
24,203 visits/mo
0.3 miles
Chili's Grill & Bar
Dining
19,225 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 3,510 SF retail space with high traffic counts.
Where is this retail space located?
The property is located at 340 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: High‑traffic location: Over 100,000 average vehicles at University Parkway and State Street intersection.; Sizeable space: 3,510 square feet available.; Prime location right off University Parkway in Orem.
