List Search

450 N 1500 W
Orem, UT 84057 Geneva

$25,276 USD/MO

Office For Lease  •  15,173 SF

Property Details

  • Property Type Office
  • Year Built 2008
  • Total Building Size 41,223 SF
  • Tenancy Multiple
  • Building Class A
  • Zoning C
30 Transit Score
30 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Office 15,173 SF $19.99 USD/SF/YR
The Alder headquarters building of 10+ years, located at 450 N 1500 W in Orem, is one of the most recognizable mid-rise office assets in the state of Utah. It was recognized by Utah Construction & Design as the 2015 Most Outstanding Concrete/Tilt-Up Project in the state. The property features a highly improved headquarters build-out with executive offices, war rooms, open office zones, a call center, training areas, employee lounges, fitness areas, rooftop amenity space, and extensive support infrastructure.

Situated on 2.06 acres with 230 feet of direct frontage on 1500 West and immediate access to Interstate 15, this three-story, 47,117 SF building places a business at the center of one of Utah's fastest-growing submarkets. Located along the Vineyard/Orem corridor, the property benefits from immediate access to I-15, Utah Valley University, the Provo-Orem workforce, and the rapidly expanding Geneva/Vineyard growth corridor.

Completed in 2015, the building has been meticulously maintained and is available for lease. The current offering includes 15,173 SF, with the ability for qualified tenants to expand into additional space for a total occupancy of up to 38,486 SF, creating a rare opportunity to grow within one of Utah County's premier corporate office environments. Whether relocating a regional headquarters, expanding a growing team, or consolidating office operations, this building offers visibility, access, premier quality, and a culture-driven work environment.

For investors and owner-users, ownership is also willing to consider a sale-leaseback transaction for the right offer. The business has successfully operated from this location for more than 15 years and represents a strong-credit tenant, with ownership willing to execute a new 5 to 7-year lease as part of a sale-leaseback structure.

Over 207,000 vehicles per day travel through the surrounding corridor, with the property located minutes from the Vineyard FrontRunner Station, The Forge at Geneva, Topgolf, Megaplex Theatres, WinCo, Maverik, and dozens of national retailers. The trajectory of this location continues to accelerate as Utah City, a 700-acre, $17 billion master-planned community under construction immediately adjacent to the property, transforms the former Geneva Steel site into Utah County's future urban core.

Utah City is planned to include more than 17 million square feet of mixed-use development, 2 million square feet of retail and restaurant space, the new Huntsman Cancer Institute, and a 12-acre waterfront promenade connecting to Utah Lake. The rooftops, jobs, foot traffic, and energy generated by one of Utah's most ambitious developments will arrive directly at this property's doorstep.

The Provo-Orem metropolitan area continues to rank among the fastest-growing regions in the nation, and this landmark office asset sits at the heart of that growth. Surrounded by Utah Valley's population of more than 650,000 residents and thriving technology and professional services sectors, the property is positioned to benefit from sustained economic expansion, with Utah Valley University located less than two miles away.

  • Date available: Now
  • Lease term: 1 - 5 Years
  • Service type: Triple Net
  • Built out as: Call Center
  • Space Type: Relet

Description

Located at 450 N 1500 W in Orem, this building is one of the most recognizable mid-rise office assets in the state of Utah. It was recognized by Utah Construction & Design as the 2015 Most Outstanding Concrete/Tilt-Up Project in the state. It is a highly improved headquarters build out with executive offices, war rooms, open office zones, a call center, training areas, employee lounges, fitness areas, rooftop amenity space, and support infrastructure.

Situated on 2.06 acres with 230 feet of direct frontage on 1500 West and immediate access to Interstate 15, this three-story, 47,117 SF building puts your business at the center of one of Utah's fastest-growing sub markets. Located along the Vineyard / Orem corridor with immediate access to I-15, Utah Valley University, Provo-Orem talent pools, and emerging Geneva / Vineyard growth nodes.

Completed in 2015, the building has been meticulously maintained and is available for lease. Whether you are relocating a regional headquarters, expanding a growing team, or consolidating office operations, this building offers visibility, access, premier quality, and most

important a rich culture building environment.

Over 207,000 vehicles per day pass through the surrounding corridor, with the property sitting minutes from the Vineyard Front Runner station, the Forge at Geneva, TopGolf, Megaplex Theatres, WinCo, Maverik, and dozens of national retailers - all the amenities a corporate company

would expect and the trajectory of this location is only accelerating.

Utah City, a 700-acre, $17 billion master-planned community being built immediately adjacent on the former Geneva Steel site is actively under construction right next door. Utah City is positioned to become the urban core of Utah County, with over 17 million square feet of planned mixed-use space, 2 million square feet of retail and restaurant, the new Huntsman Cancer Institute (breaking ground in 2025), and a 12-acre waterfront promenade connecting to Utah Lake. The rooftops, the foot traffic, the jobs, and the energy of one of the most ambitious developments in Utah history are arriving right at this building's doorstep.

The Provo-Orem metro has consistently ranked among the fastest-growing in the nation, and this building sits at the heart of it. Utah Valley, home to over 650,000 residents and a booming tech and professional services economy, surrounds this asset on all sides. Utah Valley University, one of the largest universities in the state, is less than two miles away.

Building highlights
Location & Access

Seconds from I-15 with direct freeway access
207,000+ vehicles per day through the surrounding corridor; visibility for brand presence
Immediate adjacency to Utah City - a $17B, 700-acre master-planned development under active construction next door, poised to become the urban core of Utah County
Minutes from TopGolf, Megaplex, Forge at Geneva, WinCo, and a dense retail/dining corridor
Vineyard FrontRunner station just 2 miles away - a regional transit access for your workforce
Less than two miles from Utah Valley University and easy access to BYU - a deep, young, educated labor pool right on your doorstep
The Building

Purpose-built headquarters environment, not commodity office
Designed from the ground up for a single growing company
Recognized as 2015's Most Outstanding Concrete/Tilt-Up Project in the state of Utah
Dramatic multi-story lobby with glass railings, exposed structure, and modern finishes
Three full floors of thoughtfully differentiated space:
Call center/operations, training rooms, and a kitchen on floor one
Private offices, a break room, and collaboration on floor two
Executive suites and more open office on floor three
50 enclosed offices building-wide - extremely rare in the modern open-plan market
Operational Infrastructure

Backup generator with sub-4-second failover - mission-critical redundancy for call center, security ops, and customer support environments
Existing workstation infrastructure for 200+ call floor seats - move-in capable
Server room already built out; redundant fiber connectivity available
Flexible floor plates that support high-density operations (300+ employees) or comfortable executive configurations.
Culture & Amenity

Rooftop grilling terrace with Wasatch Mountain views - a genuine employee amenity
Dedicated fitness and wellness facility with showers
Hospitality-style break rooms, game areas, and distributed collaboration zones
A building employees will actually want to commute to - critical in the current return-to-office environment
Deal Structure

FF&E - workstations, desks, and related infrastructure - negotiable as part of lease terms
Flexible TI structure based on tenant credit and term
Single-tenant control: your signage, your security, your culture - no shared lobby politics
Available now - no phased delivery, no construction risk

Highlights

Near BYU, UVU, Top Golf, and more
Utah 2018 Most Outstanding Tilt Up Building Of The Year
Full Call Center w Back Up Generator & Redundancy | Space is Optimized for Quality Business Culture

Property Flyers

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Fitness Center
  • Security System
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Reception
  • Roof Terrace
  • Storage Space
  • Monument Signage
  • Sky Terrace
  • Outdoor Seating
  • Fire Pits
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector
  • On-Site Security Staff
  • Backup Power / Generators
  • Awning
  • Locker Room
  • Shower Facilities

Major Tenants

Tenant SF Occupied Lease End Date
Alder
Cove Smart Llc

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.4 mi
5 min - 2.4 mi
AirportDriveWalkDistance
Provo Municipal 15 min - 9.0 mi
Salt Lake City International 49 min - 42.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 120
Type: Surface
Included in Rent: Yes
Mitchell Rice 208-260-2570 Alchemy Real Estate
Mitchell Rice 208-260-2570 Alchemy Real Estate