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University Place Orem 575 E University Pky 3,718 - 99,676 SF of Office Space Available in Orem, UT 84097
HIGHLIGHTS
- Ready for Tenant improvements
SPACE AVAILABILITY (10)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 220 | 3,718 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $155,701 CAD/YR $12,975 CAD/MO | Full Service | ||
| 5th Floor | 31,670 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $1,326,264 CAD/YR $110,522 CAD/MO | Full Service | ||
| 6th Floor, Ste 600 | 5,154 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $230,226 CAD/YR $19,186 CAD/MO | Full Service | ||
| 6th Floor, Ste 601 | 7,169 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $320,235 CAD/YR $26,686 CAD/MO | Full Service | ||
| 6th Floor, Ste 602 | 7,166 SF | Negotiable | $39.09 CAD/SF/YR $3.26 CAD/SF/MO $280,089 CAD/YR $23,341 CAD/MO | Full Service | ||
| 6th Floor, Ste 603 | 4,649 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $207,668 CAD/YR $17,306 CAD/MO | Full Service | ||
| 7th Floor, Ste 710 | 6,788 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $303,216 CAD/YR $25,268 CAD/MO | Full Service | ||
| 7th Floor, Ste 720 | 4,098 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $183,055 CAD/YR $15,255 CAD/MO | Full Service | ||
| 7th Floor, Ste 730 | 4,771 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $213,118 CAD/YR $17,760 CAD/MO | Full Service | ||
| 8th Floor, Ste 800 | 24,493 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $1,094,089 CAD/YR $91,174 CAD/MO | Full Service |
545 E University Pky - 2nd Floor - Ste 220
With 1.3 million square feet of high-end retail and service space, 30 on-site restaurants, and a 14-screen Cinemark Theater available for corporate events, tenants benefit from unmatched lifestyle perks just steps from the office. The location—adjacent to Costco and Trader Joe’s and less than two miles from both BYU and UVU—ensures high foot traffic and access to a large, educated workforce. On-site residential options further support a live-work-play ecosystem, making it an ideal setting for businesses looking to attract and retain top talent.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Office intensive layout
- Fits 10 - 30 People
- Central Air Conditioning
545 E University Pky - 5th Floor
Breathtaking Terraces and Outdoor Seating Areas. High End Finishes. On-Site Housing Development. 1.3 Million SF of Retail. 30 On-Site Restaurants.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 80 - 254 People
- Central Air Conditioning
500 E Park Ave - 6th Floor - Ste 600
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Office intensive layout
- Fits 13 - 42 People
- Can be combined with additional space(s) for up to 24,138 SF of adjacent space
- Central Air Conditioning
500 E Park Ave - 6th Floor - Ste 601
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Office intensive layout
- Fits 18 - 58 People
- Can be combined with additional space(s) for up to 24,138 SF of adjacent space
- Central Air Conditioning
500 E Park Ave - 6th Floor - Ste 602
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Office intensive layout
- Fits 18 - 58 People
- Can be combined with additional space(s) for up to 24,138 SF of adjacent space
- Central Air Conditioning
500 E Park Ave - 6th Floor - Ste 603
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Office intensive layout
- Fits 12 - 38 People
- Can be combined with additional space(s) for up to 24,138 SF of adjacent space
- Central Air Conditioning
500 E Park Ave - 7th Floor - Ste 710
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Office intensive layout
- Fits 17 - 55 People
- Central Air Conditioning
500 E Park Ave - 7th Floor - Ste 720
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Office intensive layout
- Fits 11 - 33 People
- Central Air Conditioning
500 E Park Ave - 7th Floor - Ste 730
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 12 - 39 People
- Central Air Conditioning
500 E Park Ave - 8th Floor - Ste 800
4 Story Class A Office on Top of 5 Story Parking Structure - Ready For Improvements
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 62 - 196 People
- Central Air Conditioning
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 99,676 SF | Center Properties | 19 |
| Max. Contiguous | 24,138 SF | Gross Leasable Area | 909,095 SF |
| Center Type | Super Regional Mall | Total Land Area | 75.21 AC |
| Parking | 8321 Spaces | Year Built | 1973 |
| Stores | 185 |
| Total Space Available | 99,676 SF |
| Max. Contiguous | 24,138 SF |
| Center Type | Super Regional Mall |
| Parking | 8321 Spaces |
| Stores | 185 |
| Center Properties | 19 |
| Gross Leasable Area | 909,095 SF |
| Total Land Area | 75.21 AC |
| Year Built | 1973 |
ABOUT THE PROPERTY
Located across from two-acre park with daily programed activities, a show fountain, and seating areas, 1.3 million sq. ft. of retail , 30 on-site restaurants, Adjacent to Costco and Trader Joe’s, On-site housing development, 1.6 miles from BYU (33.5k students) and 1.1 miles from UVU (41K students), Dedicated stop on the new BRT line providing mass transit service from FrontRunner, with connectivity to UVU, BYU and county-wide accessibility.
- Atrium
- Dedicated Turn Lane
- Food Court
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
NEARBY MAJOR RETAILERS
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University Place Orem | 575 E University Pky
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