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University Place Orem 575 E University Pky
7,227 - 138,897 SF of Office Space Available in Orem, UT 84097
Highlights
- Ready for Tenant improvements
Space Availability (6)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 2nd Floor, Ste Mezzanine | 7,227 SF | Negotiable | £19.61 /SF/PA £1.63 /SF/MO £211.08 /m²/PA £17.59 /m²/MO £141,723 /PA £11,810 /MO | Full Service Gross | ||
| 5th Floor | 31,670 SF | Negotiable | £23.53 /SF/PA £1.96 /SF/MO £253.30 /m²/PA £21.11 /m²/MO £745,268 /PA £62,106 /MO | Full Service Gross | ||
| 6th Floor | 25,000 SF | Negotiable | £25.10 /SF/PA £2.09 /SF/MO £270.19 /m²/PA £22.52 /m²/MO £627,528 /PA £52,294 /MO | Full Service Gross | ||
| 7th Floor | 25,000 SF | Negotiable | £25.10 /SF/PA £2.09 /SF/MO £270.19 /m²/PA £22.52 /m²/MO £627,528 /PA £52,294 /MO | Full Service Gross | ||
| 8th Floor | 25,000 SF | Negotiable | £25.10 /SF/PA £2.09 /SF/MO £270.19 /m²/PA £22.52 /m²/MO £627,528 /PA £52,294 /MO | Full Service Gross | ||
| 9th Floor | 25,000 SF | Negotiable | £25.10 /SF/PA £2.09 /SF/MO £270.19 /m²/PA £22.52 /m²/MO £627,528 /PA £52,294 /MO | Full Service Gross |
545 E University Pky - 2nd Floor - Ste Mezzanine
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
- Fits 19 - 58 People
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
- Fits 80 - 254 People
500 E Park Ave - 6th 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
- Fits 63 - 200 People
- Can be combined with additional space(s) for up to 100,000 SF of adjacent space
500 E Park Ave - 7th 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
- Fits 63 - 200 People
- Can be combined with additional space(s) for up to 100,000 SF of adjacent space
500 E Park Ave - 8th 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
- Fits 63 - 200 People
- Can be combined with additional space(s) for up to 100,000 SF of adjacent space
500 E Park Ave - 9th 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
- Fits 63 - 200 People
- Can be combined with additional space(s) for up to 100,000 SF of adjacent space
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 agent 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 FOR 575 E University Pky , Orem, UT 84097
| Total Space Available | 138,897 SF | Centre Properties | 10 |
| Max. Contiguous | 100,000 SF | Gross Leasable Area | 724,154 SF |
| Centre Type | Super Regional Mall | Total Land Area | 107.25 AC |
| Parking | 6,925 Spaces | Year Built | 1973 |
| Stores | 185 |
| Total Space Available | 138,897 SF |
| Max. Contiguous | 100,000 SF |
| Centre Type | Super Regional Mall |
| Parking | 6,925 Spaces |
| Stores | 185 |
| Centre Properties | 10 |
| Gross Leasable Area | 724,154 SF |
| Total Land Area | 107.25 AC |
| Year Built | 1973 |
About the Property
Ready for Tenant improvements Terrace overlooking University Place park Private entrance with elevator Potential for crown signage 1.3 million sq. ft. of retail 30 on-site restaurants Adjacent to Costco and Trader Joes On-site housing development 1.6 miles from BYU (33.5k students) and 1.1 Miles from UVU (41K students)
- Atrium
- Dedicated Turn Lane
- Food Court
- Property Manager on Site
- Pylon Sign
- Signage
- Signalised Intersection
- Kiosk/Cart Space
- Enclosed Mall
Nearby Major Retailers
-
Power Broker Brandon Fugal -
Power Broker Josh Smith -
Power Broker Angela Kroneberger -
Colliers
Presented by
University Place Orem | 575 E University Pky
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