4
Property Information Sales Price: $ 11,500,000.00 > Building SF: 70,384 Rentable SF > Available Vacant Space: 23,791 SF > NOI: $ 521,972.88 > Land Size: 5.74 Acres > Parcel#: 18.005.0055 > Current Tenants: Harbor Freight, Planet Fitness, Prism Paints, Persnickety Prints > High Traffic Area: 51,000 ADT > Surrounding Tenants: Cortiva Massage Therapy School, Savers, Cafe Rio, Chick-Fil-A, McDonalds, Wells Fargo Bank, Downeast Home & Clothing, Menchie’s Frozen Yogurt Excellent Owner Occupant Opportunity SUITE TENANT SIZE LEASE TERM ANNUAL BASE RENT 155 Harbor Freight 13,000 SF 5 yrs $ 157,259.88 157 Planet Fitness 21,564 SF 11.5 yrs $ 247,986.00 165 Vacant 23,791 SF - - 175 Prism Paints 6,004 SF 5.4 yrs $ 72,048.00 190 Persnickety Prints 6,025 SF 5.5 yrs $ 44,679.00 TOTAL 70,384 SF $521,972.88 FOR SALE > RETAIL INVESTMENT Orem Plaza Investment 155-175 NORTH STATE STREET | OREM, UTAH +1 801 836 2400 [email protected] James Bullington +1 801 830 2004 [email protected] Josh Martin +1 801 836 3600 [email protected] Dan Donaldson +1 801 830 9232 [email protected] Brandon Huntsman Colliers International 2100 Pleasant Grove Blvd. | Suite 200 Pleasant Grove, UT 84062

FOR SALE > RETAIL INVESTMENT Orem Plaza Investment · 165 Vacant 23,791 SF - - 175 Prism Paints 6,004 SF 5.4 yrs $ 72,048.00 190 Persnickety Prints 6,025 SF 5.5 yrs $ 44,679.00 TOTAL

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Page 1: FOR SALE > RETAIL INVESTMENT Orem Plaza Investment · 165 Vacant 23,791 SF - - 175 Prism Paints 6,004 SF 5.4 yrs $ 72,048.00 190 Persnickety Prints 6,025 SF 5.5 yrs $ 44,679.00 TOTAL

Property Information

Sales Price: $ 11,500,000.00 > Building SF: 70,384 Rentable SF > Available Vacant Space: 23,791 SF > NOI: $ 521,972.88 > Land Size: 5.74 Acres > Parcel#: 18.005.0055 > Current Tenants:

Harbor Freight, Planet Fitness, Prism Paints, Persnickety Prints

> High Traffic Area: 51,000 ADT > Surrounding Tenants:

Cortiva Massage Therapy School, Savers, Cafe Rio, Chick-Fil-A, McDonalds, Wells Fargo Bank, Downeast Home & Clothing, Menchie’s Frozen Yogurt

Excellent Owner

Occupant Opportunity

SUITE TENANT SIZE LEASE TERM ANNUAL BASE RENT

155 Harbor Freight 13,000 SF 5 yrs $ 157,259.88

157 Planet Fitness 21,564 SF 11.5 yrs $ 247,986.00

165 Vacant 23,791 SF - -

175 Prism Paints 6,004 SF 5.4 yrs $ 72,048.00

190 Persnickety Prints 6,025 SF 5.5 yrs $ 44,679.00

TOTAL 70,384 SF $521,972.88

FOR SALE > RETAIL INVESTMENT

Orem Plaza Investment155-175 NORTH STATE STREET | OREM, UTAH

+1 801 836 [email protected]

James Bullington+1 801 830 [email protected]

Josh Martin+1 801 836 [email protected]

Dan Donaldson+1 801 830 [email protected]

Brandon Huntsman

Colliers International 2100 Pleasant Grove Blvd. | Suite 200 Pleasant Grove, UT 84062

Page 2: FOR SALE > RETAIL INVESTMENT Orem Plaza Investment · 165 Vacant 23,791 SF - - 175 Prism Paints 6,004 SF 5.4 yrs $ 72,048.00 190 Persnickety Prints 6,025 SF 5.5 yrs $ 44,679.00 TOTAL

FOR SALE > RETAIL INVESTMENT

Orem Plaza Investment155 - 175 NORTH STATE STREET | OREM, UTAH

Page 3: FOR SALE > RETAIL INVESTMENT Orem Plaza Investment · 165 Vacant 23,791 SF - - 175 Prism Paints 6,004 SF 5.4 yrs $ 72,048.00 190 Persnickety Prints 6,025 SF 5.5 yrs $ 44,679.00 TOTAL

FOR SALE > RETAIL INVESTMENT

Orem Plaza Investment155 - 175 NORTH STATE STREET | OREM, UTAH

Vacant Space Vacant Space

Vacant Space Vacant Space

Vacant / Owner Occupant Space

• Vacant Space: 23,791 SF• 10’ x 12’ Grade level door with dock ramp• Large open retail floor with dressing rooms

VACANT

Page 4: FOR SALE > RETAIL INVESTMENT Orem Plaza Investment · 165 Vacant 23,791 SF - - 175 Prism Paints 6,004 SF 5.4 yrs $ 72,048.00 190 Persnickety Prints 6,025 SF 5.5 yrs $ 44,679.00 TOTAL

FOR SALE > RETAIL INVESTMENT

Orem Plaza Investment155 - 175 NORTH STATE STREET | OREM, UTAH

+1 801 830 [email protected]

Brandon Huntsman+1 801 836 [email protected]

Dan Donaldson+1 801 830 [email protected]

Josh Martin+1 801 836 [email protected]

James Bullington

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This document has been prepared by Colliers International for advertising and general information only. Colliers Interna-tional makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2017. All rights reserved.

Colliers International2100 Pleasant Grove Blvd. | Suite 200

Pleasant Grove, UT 84062P: +1 801 610 1300