1797 State St

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1797 State St

orem, UT 84097
Asking Price
$1.95M
Asset Type
Retail
Class
Class B

What's Special

Located at 1797 State Street in Orem, Utah, this retail property sits within a busy commercial corridor characterized by high visibility and consistent vehicle traffic. The neighborhood features a mix of established shopping centers, automotive services, and residential communities. Nearby amenities include national big-box retailers, local dining options, and professional offices. The site offers convenient transportation access, situated less than three miles from Interstate 15 and positioned along a major north-south arterial road that connects Orem to neighboring Provo and Lindon. The property is suited for a variety of general retail uses, including specialty boutiques, service-based businesses, or small-scale showrooms. The typical tenant profile includes local entrepreneurs or regional franchises seeking a high-traffic location with prominent street frontage. Given the surrounding demographic and existing business mix, the asset is also well-adapted for professional services that benefit from easy customer access and signage opportunities on a primary thoroughfare.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

Location & Travel Times