149b State St Orem, UT 84057
Orem Plaza presents a unique opportunity to lease a prime retail space in a high-traffic location. This single-story, 18,045-square-foot building sits on 8.7 acres of land and is zoned C. The property features multiple tenancies, allowing for flexibility in layout and use. The entire 18,045 square feet is available as one contiguous space. Located at the intersection of Center Street and State Street, this retail center benefits from exceptional visibility and accessibility. State Street boasts an impressive daily traffic count of 56,000 vehicles, ensuring significant exposure for your business. The property is conveniently located in Utah County, with the APN number 18:005:0055. There are no elevators in the building. The property is currently offered at a net-net-net (NNN) lease rate of $4.07 per square foot. This is a quietly marketed opportunity, so interested parties should act quickly. This exceptional location and substantial square footage make this property ideal for a variety of retail businesses seeking high visibility and substantial space.
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Orem Plaza Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.