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Uplife Building 1201 N 800 E 40,128 SF 20% Leased Office Building Orem, UT 84097 $7,995,000 ($199.24/SF)
Investment Highlights
- Stand-alone building
- Priced far below replacement cost
- 5/1000 Parking
- Beautiful Office Setting
- 2 Dock-high doors
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.
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
$7,995,000
Price Per SF
$199.24
Percent Leased
20%
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 | - | - | - |
1 1
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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