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575 E University Pky
Orem, UT 84097 Hillcrest

$9,863 USD/MO

General Retail For Lease  •  1,934 SF

Property Details

  • Property Type General Retail
  • Year Built 1973
  • Total Building Size 553,180 SF
  • Tenancy Multiple
  • Building Class B
30 Transit Score
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste B-48 Retail 1,934 SF $61.20 USD/SF/YR
•Prime Sublease Opportunity: 1,934 SF space currently occupied by Bobby’s Burgers (Bobby Flay) at University Place, 575 E University Parkway, Space B-48, Orem, UT 84097
•Lease Rate: $61.20 psf/NNN with 2% annual rent increases
•Long-Term Stability: Original 10-year lease term, plus two 5-year options to extend
         °Rent Commencement: December 2024
         °Lease Expiration: December 2034
•Turnkey Opportunity: Existing restaurant space within an active, high-visibility retail center

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Sublet

Property Flyers

Amenities

  • Atrium
  • Dedicated Turn Lane
  • Food Court
  • Property Manager on Site
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Kiosk/Cart Space
  • Enclosed Mall

Major Tenants

Tenant SF Occupied Lease End Date
Al's Sporting Goods
Buffalo Wild Wings
Cheesecake Factory
Dreamwalk
Gap
Mr. Mac
Runa Pacha Arts & Craft
Tilly's
Tricked Out Accessories & Phone Repair
Woodbury Art Museum

Public Transportation

Commuter RailDriveWalkDistance
Orem Central Station (FrontRunner - Utah Transit Authority (UTA)) 7 min - 3.4 mi
Provo Amtrak (California Zephyr - Amtrak) 8 min - 4.6 mi
AirportDriveWalkDistance
Provo Municipal 15 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5400
Type: Surface
Included in Rent: Yes
Dan Moore 801-947-8300 Colliers
Dan Moore 801-947-8300 Colliers