450 N 1500 W
Orem, UT 84057
Eagle Business Center II · Office Property For Sale

The Alder headquarters building of 10+ years, located at 450 N 1500 W in Orem, is one of the most recognizable mid-rise office assets in the state of Utah. It was recognized by Utah Construction & Design as the 2015 Most Outstanding Concrete/Tilt-Up Project in the state. The property features a highly improved headquarters build-out with executive offices, war rooms, open office zones, a call center, training areas, employee lounges, fitness areas, rooftop amenity space, and extensive support infrastructure.
Situated on 2.06 acres with 230 feet of direct frontage on 1500 West and immediate access to Interstate 15, this three-story, 38,486 SF building places a business at the center of one of Utah's fastest-growing submarkets. Located along the Vineyard/Orem corridor, the property benefits from immediate access to I-15, Utah Valley University, the Provo-Orem workforce, and the rapidly expanding Geneva/Vineyard growth corridor.
Completed in 2015, the building has been meticulously maintained and is available for lease. 15,173 SF is also currently available for lease, with the ability for qualified tenants to expand into additional space for a total occupancy of up to 38,486 SF, creating a rare opportunity to grow within one of Utah County's premier corporate office environments. Whether relocating a regional headquarters, expanding a growing team, or consolidating office operations, this building offers visibility, access, premier quality, and a culture-driven work environment.
For investors and owner-users, ownership is also willing to consider a sale-leaseback transaction for the right offer. The business has successfully operated from this location for more than 15 years and represents a strong-credit tenant, with ownership willing to execute a new 5 to 7-year lease as part of a sale-leaseback structure.
Over 207,000 vehicles per day travel through the surrounding corridor, with the property located minutes from the Vineyard FrontRunner Station, The Forge at Geneva, Topgolf, Megaplex Theatres, WinCo, Maverik, and dozens of national retailers. The trajectory of this location continues to accelerate as Utah City, a 700-acre, $17 billion master-planned community under construction immediately adjacent to the property, transforms the former Geneva Steel site into Utah County's future urban core.
Utah City is planned to include more than 17 million square feet of mixed-use development, 2 million square feet of retail and restaurant space, the new Huntsman Cancer Institute, and a 12-acre waterfront promenade connecting to Utah Lake. The rooftops, jobs, foot traffic, and energy generated by one of Utah's most ambitious developments will arrive directly at this property's doorstep.
The Provo-Orem metropolitan area continues to rank among the fastest-growing regions in the nation, and this landmark office asset sits at the heart of that growth. Surrounded by Utah Valley's population of more than 650,000 residents and thriving technology and professional services sectors, the property is positioned to benefit from sustained economic expansion, with Utah Valley University located less than two miles away.