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Executive Summary

47,235 square feet of office space
$8,988,525 ($195 PSF)
Fiber in building
Common area kitchen on the terrace level
Remote entry access controls
Excellent Parking
UTA stops right next to the building
Located between UVU and BYU

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
46,095 SF
Building Class
B
Year Built
1978
Price
$8,988,525
Price Per SF
$195
Cap Rate
5.50%
NOI
$494,369
Percent Leased
97%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
11,524 SF
Slab To Slab
10’
Building FAR
0.63
Lot Size
1.68 AC
Zoning
C2 - Commercial and professional office zone.
Parking
90 Spaces (1.95 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Bus Line
  • Fitness Center
  • Central Heating
  • Shower Facilities
  • Drop Ceiling
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Terrace-Ste T400
  • 2,450 SF
  • Office
  • -
  • Aug 2026

• Beautiful windows • Central location • Fiber in building • Excellent Parking • UTA stop right next to building • Between UVU and BYU • Fitness Center in neighboring Central Park East

  • 1st Fl-Ste 1900
  • 1,599 SF
  • Office
  • -
  • Now

• Beautiful windows • Central location • Fiber in building • Excellent Parking • UTA stop right next to building • Between UVU and BYU • Fitness Center in neighboring Central Park East

Space Size Space Use Build-Out Available
Terrace-Ste T400 2,450 SF Office - Aug 2026
1st Fl-Ste 1900 1,599 SF Office - Now

Terrace-Ste T400

Size
2,450 SF
Space Use
Office
Build-Out
-
Available
Aug 2026

1st Fl-Ste 1900

Size
1,599 SF
Space Use
Office
Build-Out
-
Available
Now

Terrace-Ste T400

Size 2,450 SF
Space Use Office
Build-Out -
Available Aug 2026

• Beautiful windows • Central location • Fiber in building • Excellent Parking • UTA stop right next to building • Between UVU and BYU • Fitness Center in neighboring Central Park East

1st Fl-Ste 1900

Size 1,599 SF
Space Use Office
Build-Out -
Available Now

• Beautiful windows • Central location • Fiber in building • Excellent Parking • UTA stop right next to building • Between UVU and BYU • Fitness Center in neighboring Central Park East

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
51-372-0002
Land Assessment
$186,400
Improvements Assessment
$19,700
Total Assessment
$206,100
  • Listing ID: 38756107

  • Date on Market: 12/12/2025

  • Last Updated:

  • Address: 1875 S State, Orem, UT 84097

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