On average, listings lease in the $10's per square foot per year. The Orem region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 29 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 28% of the available space in the Orem are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,440 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1997 and are Class B.