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Space Available For Lease 1
Space Available |
Dan Moore
Colliers
Rob Moore
Colliers |
Contacts
Colliers
Colliers
Property Details
- Property Type Retail
- Date Updated Aug 20, 2026
- 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
Reach out to the broker for more info on lease terms and amenities
Getting around
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73/100
Walk Score ®
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46/100
Transit Score ®
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87/100
Bike Score ®
Location
- City Orem, UT
- Neighborhood Hillcrest
- Zip Code 84097
- Market Salt Lake City
Points of Interest
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Provo
3.53 miles
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Vineyard
4.47 miles
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Olde Towne Train Station
7.32 miles
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Maverik
0.27 miles
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Shell
0.40 miles
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7-Eleven
0.93 miles
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Bells Food Plaza
1.13 miles
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Will's Pit Stop
1.30 miles
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Smith's
1.61 miles
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Chevron
1.89 miles
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Holiday Oil
1.91 miles
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UVU parking W2
2.55 miles
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UVU Lot M29
1.31 miles
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UVU Lot M28
1.34 miles
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43YV
1.39 miles
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42A
1.41 miles
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UVU Lot M22
1.42 miles
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UVU Lot M21
1.44 miles
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UVU Lot M25
1.47 miles
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54A
1.48 miles
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Dairy Queen
0.02 miles
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P.F. Chang's
0.04 miles
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California Pizza Kitchen
0.04 miles
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Oh Mai
0.05 miles
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Los Hermanos
0.07 miles
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Pretzelmaker
0.09 miles
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Itto Sushi
0.10 miles
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Costa Vida
0.10 miles
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Orange Julius
0.11 miles
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Villa Italian Ktchen
0.11 miles
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University Place
0.05 miles
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Dillard's
0.10 miles
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Trader Joe's
0.20 miles
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Sprouts Farmers Market
0.24 miles
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Burlington
0.35 miles
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Kohl's
0.41 miles
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Ross
1.01 miles
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Walmart Neighborhood Market
1.03 miles
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TJ Maxx
1.05 miles
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Rancho Markets
1.39 miles
575 E University Pkwy Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
575 E University Pkwy is located in Hillcrest, which is home to a total of 3 listing(s). The rent for retail space at 575 E University Pkwy is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 1,934 square feet of retail space for lease. Of this total, 1,934 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Hillcrest is 29. The average household income here is $94,194 per year.
