Office Medical
RISE Services, Inc.
703 S State St, Orem, UT 84058
Listing Price: $3,723,000
Investment Overview
RISE is an innovative human services network originally established in 1987 for the purpose of moving individuals living in institutions into family settings. Since that time, services have grown to support children, adults, and families with a variety of needs across multiple states. Orem, located in Utah County in the north-central part of Utah, has a population of approximately 98,000 people, according 2020 U.S. Census. Orem has a diverse economy, with a mix of retail, healthcare, and technology companies.
RISE Services, Inc.
Investment Highlights
- 14 Years Remaining on Corporate-Guaranteed Lease with RISE Services, Inc.
- Two Percent Annual Rental Increases
- 1.61 Acre Site, 16,255-Square-Foot Building Recently Renovated in 2021
- 241,982 Residents Within a Five-Mile Radius - Dense Orem/Provo Infill
- Rapidly Growing Trade Area - Households and Population Projected to Increase 8 to 10 Percent in the Surrounding Area by 2027
- High Visibility Location Along State Street (57,000 Cars per Day)
- Subject Property is Located Between University Place Mall & Downtown Orem, with National Retailers: Costco, Best Buy, Walgreens, Target, and Many More
- Within a Five to 10-Minute Drive of Central Orem, Downtown Provo, Brigham Young University, and Utah Valley University
Broker of Record
Financing By
Listing Price: $3,723,000
Investment Highlights
- 14 Years Remaining on Corporate-Guaranteed Lease with RISE Services, Inc.
- Two Percent Annual Rental Increases
- 1.61 Acre Site, 16,255-Square-Foot Building Recently Renovated in 2021
- 241,982 Residents Within a Five-Mile Radius - Dense Orem/Provo Infill
- Rapidly Growing Trade Area - Households and Population Projected to Increase 8 to 10 Percent in the Surrounding Area by 2027
- High Visibility Location Along State Street (57,000 Cars per Day)
- Subject Property is Located Between University Place Mall & Downtown Orem, with National Retailers: Costco, Best Buy, Walgreens, Target, and Many More
- Within a Five to 10-Minute Drive of Central Orem, Downtown Provo, Brigham Young University, and Utah Valley University
Investment Overview
RISE is an innovative human services network originally established in 1987 for the purpose of moving individuals living in institutions into family settings. Since that time, services have grown to support children, adults, and families with a variety of needs across multiple states. Orem, located in Utah County in the north-central part of Utah, has a population of approximately 98,000 people, according 2020 U.S. Census. Orem has a diverse economy, with a mix of retail, healthcare, and technology companies.
Broker of Record
Financing By
