Orem North Retail

Orem North

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,950
As of: December 10, 2016

Orem North Rates

Most listings are in the $30's per square foot per year. The Orem North region is seeing a a rise in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 75% increase in rent.

Orem North Listing Supply

In the last 90 days, 15 listings have been posted online, which means listings might be leasing quickly. 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 1,950 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 2002 and are Class B.

Orem North Community

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 market. Commute by bike is the most popular way to get to work amongst Orem North residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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