Evergreen Square
Office | 4.59% CAP | 4,268 SqFt
Marketing description
Introducing an exceptional investment opportunity at 887 S Orem Blvd in Orem, Utah! This two-story, multi-tenant office building boasts 4,268 SF of rentable space on a prime 0.30-acre lot with flexible commercial zoning, offering versatility for various business endeavors. Built in 1996, the property features a kitchen, excellent walkability, and convenient access to major transportation routes, including commuter rail stations and Provo Municipal Airport. The seller may even consider leasing back a portion of the building, providing added flexibility for prospective buyers. With high visibility from over 45,000 vehicles per day on nearby major roads like E 800 S and S Orem Blvd, this location presents a lucrative opportunity to capitalize on Orem's flourishing commercial growth. Don't miss out on this prime office property - schedule a showing today!
Investment highlights
887 Orem Blvd is a 4,200 SF, two-story office condo (including basement), with 2,100 SF per floor.
The top floor is leased to Inergy Solar through August 2026, generating $3,250/month in stable income, while the remaining space offers flexibility for an owner-user or future lease-up. Tenant will move down to lower level in August and is expected to renew the lease on a month-to-month after.
Centrally located with strong access and visibility, this property is well-suited for an investment or owner-user strategyin a core Orem office corridor.
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