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    15-155 State St Orem, UT 84058

    For Lease
    $18 SF/Yr

    Prime Orem retail space, 13,300 sq ft, high visibility.

    Lot size:
    251,347 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail property, located at 15-155 S. State St. in Orem, Utah, offers a significant 13,300 square foot space for lease. Situated in Utah County, this Class C building boasts a total of 251,347 square feet and comprises a single suite, currently offering this substantial vacant area. The property's address provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The multiple tenancy structure suggests a potential for synergistic businesses within the building. The property's location in Orem, UT 84058, offers access to a thriving community and strong consumer base. This substantial space presents a unique opportunity for a business seeking a prominent presence in a busy commercial area. The 13,300 square foot space is ready for immediate occupancy and offers significant potential for growth and expansion. Interested parties are encouraged to inquire for further details and leasing options. The property is classified as retail commercial and is easily accessible from major roadways.

    Property Features for 15-155 State St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    251,347 SF
    Class
    C
    Total Rate
    377020.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    13,300 SF
    Rate per SF
    $18

    HighLights

    • 13,300 SF retail space available for lease at 15‑155 S. State St., Orem, UT 84058.
    • Located in a Class C building (251,347 SF total) with excellent visibility and accessibility.
    • Single suite, immediately available.
    • Strong consumer base in thriving Orem community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.6942761
    Latitude
    40.2967111

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    FAQs

    What type of property is this?
    Retail property - Prime Orem retail space, 13,300 sq ft, high visibility.
    Where is this retail property located?
    The property is located at 15-155 State St Orem, UT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 13,300 SF retail space available for lease at 15-155 S. State St., Orem, UT 84058.; Located in a Class C building (251,347 SF total) with excellent visibility and accessibility.; Single suite, immediately available.
    Request Owner's contact information
    15-155 State St Orem, UT 84058
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    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
    15-155 State St Orem, UT 84058
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