On average, listings lease in the $10's per square foot per year. The Orem North submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 54% decrease in rent.
In the last 90 days, 1 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 2002 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Orem North residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.