Investment Overview

Orem, Utah, known as the “Family City USA,” anchors the heart of Utah County and forms part of the rapidly expanding Provo–Orem metropolitan area, one of the fastest-growing regions in the United States. The city benefits from its strategic location along Interstate 15, providing direct connectivity to Salt Lake City just 35 miles north and Provo 5 miles south. With a population exceeding 100,000 and more than 670,000 residents in Utah County, Orem’s trade area is supported by a strong, diverse economy and an exceptional quality of life. The area’s economic foundation is driven by education, technology, healthcare, and retail. Orem is home to Utah Valley University, the state’s largest public university with more than 40,000 students, while nearby Provo houses Brigham Young University with an additional 35,000 students. Together, these institutions create a vibrant and educated workforce, fueling innovation and consumer spending across the region. Utah County’s “Silicon Slopes” corridor—spanning Lehi, American Fork, and Orem—continues to attract major employers such as Adobe, Qualtrics, Vivint, and doTERRA, cementing the region’s reputation as a national technology hub. The resulting job growth, young demographic profile, and family-oriented culture drive sustained housing development, population gains, and retail expansion. Surrounding the property are top national retailers including Walmart, Costco, Target, Home Depot, Lowe’s, Best Buy, and University Place Mall—a 1.5 million-square-foot lifestyle destination combining retail, office, and residential components. The city’s stable economic base, high-traffic corridors, and business-friendly environment have made Orem one of Utah’s most sought-after retail and investment markets, supporting long-term property value and consistent tenant performance.