575 E University Parkway, Space B-48 Orem, UT 84097
575 E University Pkwy, Orem, UT 84097
- Prime Sublease Opportunity: 1,934 SF space currently occupied by Bobby’s Burgers (Bobby Flay) at University Place, 575 E University Parkway, Space B-48, Orem, UT 84097
- Lease Rate: $61.20 psf/NNN with 2% annual rent increases
- Long-Term Stability: Original 10-year lease term, plus two 5-year options to extend
- Rent Commencement: December 2024
- Lease Expiration: December 2034
- Turnkey Opportunity: Existing restaurant space within an active, high-visibility retail center
Rental Details
- Number of spaces 1
- Total square feet available 1,934 SF
- For Lease Price on request
- Space Type Retail
- Latest Update Oct 7, 2026
Reach out to the broker for more info on lease terms and amenities
True
1 Space Available
| Space Name | Space Type | Lease Rate | Total Space | Floor | Lease Type | |
|---|---|---|---|---|---|---|
| Space Available | Retail | Price on request | 1,934 SF | - | - |
Space Available
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 1,934 SF
Contacts
Colliers
Colliers
Building Details
- For Lease Price on request
- Property Type Retail
- Additional Rent Price on request
- Date Updated Oct 7, 2026
Location
- City Orem, UT
- Neighborhood Hillcrest
- Zip Code 84097
- Market Salt Lake City
-
Walk score 74/100 Very Walkable -
Transit score 46/100 Some Transit -
Bike score 87/100 Very Bikeable
Points of Interest
Provo
3.51 miles
Vineyard
4.51 miles
Olde Towne Train Station
7.35 miles
Maverik
0.23 miles
Shell
0.41 miles
7-Eleven
0.91 miles
Bells Food Plaza
1.12 miles
Will's Pit Stop
1.26 miles
Smith's
1.63 miles
Chevron
1.86 miles
Holiday Oil
1.93 miles
UVU parking W2
2.59 miles
UVU Lot M29
1.35 miles
43YV
1.35 miles
42A
1.37 miles
UVU Lot M28
1.38 miles
54A
1.44 miles
61Y
1.44 miles
UVU Lot M22
1.46 miles
University Place
0.01 miles
Dillard's
0.14 miles
Trader Joe's
0.24 miles
Sprouts Farmers Market
0.25 miles
Kohl's
0.37 miles
Burlington
0.38 miles
Walmart Neighborhood Market
1.01 miles
Ross
1.05 miles
TJ Maxx
1.09 miles
Rancho Markets
1.37 miles
Listing Summary
-
Retail Space Available The property exclusively contains Retail space totaling 1,934 square feet.
-
Space Sizes - The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
-
Area Characteristics 575 E University Pkwy is located in the Hillcrest neighborhood of Orem. The Hillcrest retail market offers 4 retail listings, representing a total of 9,249 square feet of retail space for lease.
The most common retail type in the Hillcrest neighborhood is Hillcrest, of which the market currently offers 4 spaces.
You can also find 2 Suncrest spaces. Additionally, leasing opportunities here include 2 Lakeridge spaces.
