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845 N 100 W
Orem, UT 84057
Portofino Shopping Plaza · Property For Lease

HIGHLIGHTS

  • 845 N 100 W, part of the Portofino Shopping Plaza, is pleased to present a 1,800-square-foot and a 1,980-square-foot retail suite for lease.
  • Retail suites see a combined surplus of 77,900 VPD and offer prominent building signage opportunities for peak visibility.
  • Portofino Plaza is a 21,000-square-foot center shadow-anchored by Macey’s of Orem, conveniently located near the State Street and 800 N interchange.
  • Other tenants in and surrounding the center are Wells Fargo, Starbucks, Metro by T-Mobile, and local restaurants and medical offices.

PROPERTY FACTS

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 24,496 SF
Total Land Area 1.81 AC
Year Built 2003
Parking Ratio 3.8/1,000 SF

ABOUT THE PROPERTY

Legend Partners is pleased to present two retail suites available for lease now at 845 N 100 W, part of the Portofino Shopping Plaza in Orem, Utah. The larger suite offers 1,980 square feet of retail space with flexible and negotiable terms. The second suite offers 1,800 square feet of fully built-out standard retail space. The subject retail suites are shadow-anchored by Macey’s of Orem, a local grocer. Other notable tenants in and surrounding the center include Starbucks, Wells Fargo, Walgreens, Verizon, Metro by T-Mobile, 7-Eleven, Pizza Hut, Sports Clips, and various local retailers. Both suites offer prominent building signage, seen by over 41,570 cars passing via State Street, and 36,340 cars passing via 800 North. The convenient placement of Portofino Plaza near the signalized intersection of these heavily traveled state routes provides immense built-in visibility for all tenants. About 8 miles north of Provo, Orem is known as the ideal environment for families or students seeking a small-town lifestyle. With beautiful mountain views throughout, Orem is an idyllic Utah community. Interstate 15 runs conveniently through the region and is a major north-to-south route that runs through most of the state’s population centers. Utah’s lower business costs, lower tax rates, tax incentives, and relatively affordable real estate and labor continue to encourage positive employment and population growth. The 5 miles encompassing the two retail suites have a residential population of 196,598, expected to grow by 1.5% by 2028, with an average household income of nearly $92,000 – a stable and affluent community. More than $2.1 billion is spent and generated annually into the local economy. Transportation and maintenance, food and alcohol, entertainment, hobbies, and pets report the top three consumer spending totals, approximately $1.45 billion. Inquire today to learn more about the lease terms and premier retail opportunities at 845 N 100 W.

  • Signage
  • Wheelchair Accessible
  • Listing ID: 30958365

  • Date on Market: 2/14/2024

  • Last Updated:

  • Address: 845 N 100 W, Orem, UT 84057

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