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University Parkway Retail Center 160 E University Pky 1,560 - 3,025 SF of Retail Space Available in Orem, UT 84058
Highlights
- Dedicated turn lane at signalized intersection makes this location extremely easy to access. Two traffic access points provide excellent access.
- Less than one mile from Utah Valley University (39,931 students) and less than three miles from Brigham Young University (33,633 students)
- The entire building is an out-pad directly on University Parkway
- Grease traps included
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E | 1,560-3,025 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
160 E University Pky - 1st Floor - Ste E
Grease Trap included
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
- After Hours HVAC Available
- DDA Compliant
- Grease Trap included
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 broker 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.
Select Tenants at University Parkway Retail Center
- Tenant
- Description
- US Locations
- Reach
- AAA
- Other Services
- 2,201
- International
- Crumble Cookies
- Cookies
- 1,121
- International
- G.O.A.T.
- Services
- -
- -
- Siegfried & Jensen
- Finance Company
- 1
- -
- Sleep Number
- Furniture/Mattress
- 830
- National
- Thai Evergreen
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| AAA | Other Services | 2,201 | International |
| Crumble Cookies | Cookies | 1,121 | International |
| G.O.A.T. | Services | - | - |
| Siegfried & Jensen | Finance Company | 1 | - |
| Sleep Number | Furniture/Mattress | 830 | National |
| Thai Evergreen | Restaurant | 1 | - |
Property Facts
About the Property
This retail, multi-tenant shopping strip sits on the traffic-lit corner of University Parkway and 200 East in Orem, UT.
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
Presented by
Brenken Properties Llc
University Parkway Retail Center | 160 E University Pky
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