130 E University Pkwy Orem, UT 84058
For Lease
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The Family Center at Orem, located at 130 E University Pkwy, Orem, UT 84058, presents a unique opportunity for retail businesses seeking high-visibility space in a prime location. This regional power center offers two available suites within a 129,794 square foot building, situated in the University Parkway submarket cluster of Orem, Utah. One suite offers 45,233 square feet of contiguous space, previously occupied by Painted Tree, while the other offers 11,000 square feet, formerly occupied by Lumber Liquidators. Both spaces are immediately available. The property benefits from excellent co-tenancy and enjoys a high-traffic count, with 58,955 average daily traffic (ADT) on University Parkway and 48,358 ADT on State Street. The minimum divisible space is 11,000 square feet, offering flexibility for various retail concepts. The property is offered on a triple net (NNN) lease basis at a rate of $2.35 per square foot. This exceptional retail space provides unparalleled access to a dense population and high consumer traffic, making it an ideal location for businesses seeking strong visibility and growth potential.
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Cummings Family Electric Building Supply Electrical Service
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Michaels Custom Framing (Bike/Boat/Book/etc) Store Home Decor Store
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UPS Access Point location Courier Service Postal Service
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Michaels (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.