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Uplife Building 1201 N 800 E 40,128 SF 100% Leased Office Building Orem, UT 84097 $5,275,000 ($131.45/SF)
INVESTMENT HIGHLIGHTS
- Sold in 2021 for $7,000,000 or $178 PSF ... Your chance to pick this up for $131 PSF or nearly a $2,000,000 Discount!!!
- Beautiful Office Setting
- 2 Dock-high doors
- Stand-alone building
- Priced far below replacement cost
- 5/1000 Parking
EXECUTIVE SUMMARY
Your opportunity to buy a 40,128 square foot property, in a rural setting, yet with quick access to amenities. The property will be delivered as an owner-user purchase - available for you to takeover the entire space and customize to fit your preferences. Seller is using approximately 20% of the space and would consider leasing this portion back if the buyer desires. The property comes with a large break room, a gym, a personal, locker rooms, outdoor seating, and abundant parking of close to 200 parking stalls. Additionally, the property has 2 dock-high doors and a small warehouse, for easy delivery of your products. This property sold for 7 million in 2021 or $175 SF. Owners plans have changed. Your chance to pick this up at nearly 2 million dollar discount or $131 PSF!!!!!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
40,128 SF
Building Class
B
Year Built/Renovated
1988/2010
Price
$5,275,000
Price Per SF
$131.45
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
40,128 SF
Building FAR
0.18
Lot Size
5.12 AC
Zoning
PD-6 - Office,medical
Parking
200 Spaces (4.98 Spaces per 1,000 SF Leased)
AMENITIES
- Fitness Center
- Outdoor Seating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Arts, Entertainment, and Recreation
- -
- -
- -
Experience Event Center is a premier venue offering over 10,000 square feet of flexible indoor space for corporate events, weddings, galas, and hybrid productions. Founded in 2020, the center features state-of-the-art Jumbo LED screens, advanced A/V systems, and professional technical staff. Known for its modern design and immersive capabilities, it accommodates up to 600 seated guests and is a top choice for high-impact gatherings in Northern Utah.
- Make Life Better
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Arts, Entertainment, and Recreation | - | - | - | ||
| Make Life Better | Professional, Scientific, and Technical Services | - | - | - |
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PROPERTY TAXES
| Parcel Number | 53-583-0001 | Improvements Assessment | $2,156,900 |
| Land Assessment | $1,126,900 | Total Assessment | $3,283,800 |
PROPERTY TAXES
Parcel Number
53-583-0001
Land Assessment
$1,126,900
Improvements Assessment
$2,156,900
Total Assessment
$3,283,800
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Uplife Building | 1201 N 800 E
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