Orem Industrial

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Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 28, 2016

Orem Rates

Most listings are in the $10's per square foot per year. The Orem region is going through a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 17% increase in rent.

Orem Listing Supply

In the last 90 days, 80 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available leases in the Orem are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,920 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1997 and are Class B.

Orem Community

Market Report

Trends and status of the commercial real estate market in Orem.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Orem.