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Property profile & analytics
FOR LEASE
Retail space

545 E University Pkwy Orem, UT 84097

134,336 SF 2.2 ac lot Built 2016
Entity Owned Absentee Owner Free & Clear
Property ID
US86-0226914
Property summary
AI-generated overview

University Place Tower, a Class A, 100,000 square foot office building in Orem, Utah, offers exceptional executive office and traditional office space. Completed in 2022, this four-story building boasts a prime location at 545 E University Pkwy, 84097, within the Orem submarket of Utah County. The entire 100,000 square feet is currently vacant and available for lease, with a minimum divisible space of 3,000 square feet and the possibility of leasing the entire contiguous 100,000 square feet. This presents a unique opportunity for businesses seeking flexible and modern office accommodations. The building's convenient location provides easy access to a variety of amenities, including a walkable selection of restaurants ranging from quick-service to casual dining options, as well as retail establishments and essential services such as banks, barbershops, tailors, dental offices, and optical services. This makes University Place Tower an ideal location for employees and clients alike. The property is situated in a thriving submarket, offering excellent visibility and accessibility. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Total area 134,336 SF
Lot 2.2 ac (95,963 SF)
APN 57-104-0035
UPID US86-0226914
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
  • ZANDA Digital Advertising Agency Marketing & Advertising
  • Making Success Online LLC Marketing & Advertising
  • Auto-Owners Insurance Orem Claims Financial Advisor Insurance Agency
  • Solex LLC High School Vocational School
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
UPSTAR LLC
UPSTAR LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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