130 University Pkwy Orem, UT 84058
- Community centers
- 127,728 SF
- 1.52 lot acres
Current Use by Public Records
- Cummings Family Electric / Electrical Supply Store / Electrician
- Michaels Custom Framing / Picture Frame Shop
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
- Michaels / Craft Store / Art Supply Store
Property Details for 130 University Pkwy
- Year built
- 2019
- Lot size
- 1.52 lot acres
- Property size
- 127,728 SF
- Property type
- Community centers
- APN
- 57-105-0007
- APU
- 571050007
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orem
- County
- Utah
- State
- Utah
- Longitude
- -111.692
- Latitude
- 40.2719
- CBSA code
- 39340
- CBSA name
- PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
