Orem Retail

Orem

Office Space Market Report

Number of Listings (last 90 days)
67
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,150
As of: February 26, 2017

Orem Rates

On average, listings lease in the $10's per square foot per year. The Orem submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decline in rent.

Orem Listing Supply

In the last 90 days, 67 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the listings in the Orem are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,150 sqft. Most properties in this area are close to 2 floors. 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.
Research