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28843859
28843863

580 S State St, Orem, UT 84058 For Sale

JM
UT UT 5502445-SA00
Colliers - Pleasant Grove - Utah County, Utah
Listed by Colliers - Pleasant Grove - Utah County, Utah
Unpriced
223 days on market
Updated 64 days ago

Troon Office Park

Details
Property Type Office
Sub Type Traditional Office
Units 2
Tenancy Vacant
Price per SqFt $175
Class A
Buildings 1
Stories 2
Investment Type Owner/User
Sale Condition For sale by owner

Troon Office Park | 5,886–14,631 SF Office Condos For Sale

Marketing description

Located along South State Street in the heart of Orem, Troon Office Park offers a rare office condominium ownership opportunity within one of Utah County’s most established professional corridors. Two suites totaling up to 14,631 SF are available for purchase and may be acquired individually or together, providing flexibility for owner/users or investors seeking a well-located office asset.

The property features functional layouts with a mix of private offices, conference rooms, and open workspace, along with excellent visibility, monument signage potential, and convenient access to surrounding retail and amenities. Its central location places tenants and owners within minutes of Utah Valley University, major employment centers, and I-15.

Utah County continues to rank among the fastest-growing and best-performing economic regions in the country. The Provo-Orem MSA has been recognized as the #1 Best Performing City nationally, driven by strong job creation, wage growth, and expansion in the professional and technology sectors. This sustained momentum supports long-term office demand and ownership stability.

Population growth is projected to add hundreds of thousands of residents over the coming decades, reinforcing the area’s workforce pipeline and business environment. The presence of major institutions such as Brigham Young University and Utah Valley University provides a highly educated labor base and ongoing economic diversification tied to Silicon Slopes and the broader Wasatch Front.

The location also benefits from exceptional accessibility. Positioned along the I-15 corridor, Troon Office Park offers efficient connectivity throughout Utah County and to Salt Lake City, while nearby Provo Airport and Salt Lake City International Airport support regional and national travel.

Surrounded by outdoor recreation, a growing business community, and a strong demographic base, Troon Office Park represents a compelling opportunity to acquire office space in a high-growth market with long-term fundamentals.

Investment highlights

  • Condo Suite 102: 5,886 SF (main level)

  • Condo Suite 202: 8,745 SF (second level)

  • 14,631 SF combined purchase option

  • Suites may be acquired individually or together

  • Ideal for businesses seeking to own their workspace or investor buyers

  • Prime South State Street location with excellent visibility

  • Monument signage opportunity

  • Functional layouts with private offices, conference rooms, and open workspace

  • Professional tenant mix including Utah First Title, Security Home Mortgage, and First American Title

  • Within five minutes of Utah Valley University Campus

  • Convenient access to I-15, retail, and surrounding amenities

  • #1 Best Performing City: Provo MSA (Milken Institute 2021-2023)

  • Utah Valley University (Orem): Largest public university in Utah with 46,809 students (Fall 2024)

  • Brigham Young University (Provo): Major private university with 35,074 students (Fall 2023)

  • #1 City in America with Most Satisfied Workers: (Glassdoor, 2023)

  • #1 City with Best Job Market: (Goodhire, 2022)

Listing Contacts

JM
UT UT 5502445-SA00
Colliers - Pleasant Grove - Utah County, Utah
Listed by Colliers - Pleasant Grove - Utah County, Utah

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Additional Information

Name
John Monson
License
UT 5502445-SA00
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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