For Lease
$35/SF/YR

340 University PkwyOrem, UT 84058

Prime Orem retail space, 3,510 sq ft, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 3,510 square foot single-tenant retail space is ideally situated at 340 E University Pkwy in Orem, Utah, 84058. Boasting a highly visible location directly off University Parkway, this property benefits from exceptional traffic counts exceeding 100,000 vehicles daily at the nearby intersection of University Parkway and State Street. The space is perfect for a variety of retail uses and offers a compelling opportunity for businesses seeking high visibility and accessibility. The property is a single-story building without elevators. The lease rate is a net-net-net (NNN) structure, ranging from $26 to $35 per square foot. This prime location offers excellent co-tenancy with established and popular businesses including In-N-Out Burger, Outback Steakhouse, Nordstrom Rack, Burlington, and Barnes & Noble, ensuring a strong customer base and synergistic environment. The property is located in Utah County and offers easy access to major transportation routes. This is a rare opportunity to secure a prominent retail space in a thriving Orem commercial corridor.

Highlights

  • 3,510 SF single-tenant retail space at 340 E University Pkwy, Orem, UT 84058.
  • High-visibility location on University Parkway, with over 100,000 vehicles daily at the nearby intersection of University Parkway and State Street.
  • NNN lease rate: $26-$35/SF.
  • Strong co-tenancy with In-N-Out Burger, Outback Steakhouse, Nordstrom Rack, Burlington, and Barnes & Noble.
  • Single-story building; easy access to major transportation routes.

Property Details for 340 University Pkwy

Property type
Retail properties
RSF (Rentable sq. ft)
3,510 SF
Stories
1

Unit(s) available at that property

Space
Size
3,510 SF
Rate per SF
$35

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.2720314
Longitude
-111.6870331
340 University Pkwy, Orem, Utah

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340 University Pkwy
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