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Central Park West 1875 S State 46,095 SF 89% Leased Office Building Orem, UT 84097 $12,300,796 CAD ($266.86 CAD/SF) 5.50% Cap Rate
Executive Summary
47,235 square feet of office space
$8,988,525 ($195 PSF)
Fiber in building
Common area kitchen on the terrace level
Remote entry access controls
Excellent Parking
UTA stops right next to the building
Located between UVU and BYU
$8,988,525 ($195 PSF)
Fiber in building
Common area kitchen on the terrace level
Remote entry access controls
Excellent Parking
UTA stops right next to the building
Located between UVU and BYU
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
46,095 SF
Building Class
B
Year Built
1978
Price
$12,300,796 CAD
Price Per SF
$266.86 CAD
Cap Rate
5.50%
NOI
$676,544 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
11,524 SF
Slab To Slab
10’
Building FAR
0.63
Lot Size
1.68 AC
Zoning
C2 - Commercial and professional office zone.
Parking
90 Spaces (1.95 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Bus Line
- Fitness Center
- Central Heating
- Shower Facilities
- Drop Ceiling
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite 1000 • 7 Offices • Conference Room • Break Room • Open Space • Fiber in building • Excellent Parking • UTA stop right next to building • Between UVU and BYU • Fitness Center in neighboring Central Park East
| Space | Size | Space Use | Build-Out | Available |
| Terrace-Ste 400 | 2,450 SF | Office | - | Now |
| 1st Fl-Ste 1000 | 2,831 SF | Office | Full Build-Out | Now |
Terrace-Ste 400
| Size |
| 2,450 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 1000
| Size |
| 2,831 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Terrace-Ste 400
| Size | 2,450 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 1000
| Size | 2,831 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 1000 • 7 Offices • Conference Room • Break Room • Open Space • Fiber in building • Excellent Parking • UTA stop right next to building • Between UVU and BYU • Fitness Center in neighboring Central Park East
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 51-372-0002 | Improvements Assessment | $26,929 CAD |
| Land Assessment | $254,798 CAD | Total Assessment | $281,726 CAD |
Property Taxes
Parcel Number
51-372-0002
Land Assessment
$254,798 CAD
Improvements Assessment
$26,929 CAD
Total Assessment
$281,726 CAD
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Central Park West | 1875 S State
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