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130 University PkwyOrem, UT 84058

High-traffic retail space, two suites available.

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • 45,233 SF of retail space immediately available (formerly Painted Tree).
  • 11,000 SF of retail space immediately available (formerly Lumber Liquidators).
  • Excellent co-tenancy.
  • Prime retail location.
  • NNN lease rate: $2.35/SF.
  • High traffic counts: 58,955 ADT on University Parkway and 48,358 ADT on State Street.

Property Details for 130 University Pkwy

Property type
Retail properties
RSF (Rentable sq. ft)
129,794 SF

Unit(s) available at that property

Space
Available Space 1
Size
45,233 SF
Space
Available Space 2
Size
11,000 SF

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.2718337
Longitude
-111.6930883
130 University Pkwy, Orem, Utah

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130 University Pkwy
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