Orem, UT Commercial Real Estate for Lease and Sale

Explore 87 listings of Orem commercial real estate to find the best space for your business.

Orem Business Park

1471 West 1250 South, Sunset Heights West, Orem, UT
Property

Industrial

33,000 SF
Availability

1 Space

3,300 SF
Year Built

2017
For Lease

$3,895.00/MO
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Industrial Flex | 203 | Orem

261 S Vineyard Rd, Sunset Heights West, Orem, UT
Property

Industrial
Availability

1 Space

6,354 SF
For Lease Contact for pricing
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515 N State St

515 N State St, Geneva Heights, Orem, UT
Property

VacantLand

0.39 Acre
Availability

1 Space

0.39 Acre
Year Built

1980
For Lease Contact for pricing
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Orchards Shopping Center

828 E 800 N, Orchard, Orem, UT
Property

Retail
Availability

1 Space

1,310 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Pinehurst Retail Center | For Lease

448 W 800 N, Timpview, Orem, UT
Property

Office
Availability

1 Space

3,615 SF
For Lease Contact for pricing
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1095 South 800 East

1095 South 800 East, Hillcrest, Orem, UT
Property

Office

16,510 SF
For Sale

$2,895,620
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1200 West Land Lease

1159 N 1200 W, Timpview, Orem, UT
Property

Other
Availability

1 Space

2.25 Acre
For Lease Contact for pricing
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261 S Vineyard Rd, Suite #204

261 S Vineyard Rd, Sunset Heights West, Vineyard, UT
Property

Industrial
Availability

1 Space

3,049 SF
For Lease Contact for pricing
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Park Place

15-155 S. State St, Orem Park, Orem, UT
Property

Retail

13,300 SF
Availability

1 Space

13,300 SF
For Lease

$18.00/SF/YR
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Safford Building | North Unit | For Lease

315 E 1200 S, Lakeridge, Orem, UT
Property

Office
Availability

1 Space

2,500 SF
For Lease Contact for pricing
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Pinehurst Retail Plaza #201

424 West 800 North, Timpview, Orem, UT
Property

Office

4,772 SF
For Sale

$882,820
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Williamsburg Square | For Sale or Lease

495 S Orem Blvd, Stonewood, Orem, UT
Property

Office
Availability

1 Space

1,440 SF
For Lease Contact for pricing
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Hamilton Office Building

485 W 1400 N, Timpview, Orem, UT
Property

Office

7,966 SF
For Sale

$1,700,000
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Central Park West

1875 S State St, Hillcrest, Orem, UT
Property

Office

12,000 SF
Availability

3 Spaces

11,633 SF
Year Built

1978
For Lease

$17.75 - $19.75/SF/YR
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1178 South State Street

1178 South State Street, Lakeridge, Orem, UT
Property

Office

12,000 SF
Availability

1 Space

6,000 SF
For Lease

$13.00/SF/YR
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1140 N 1200 W, Orem, Utah, 84057

1140 N 1200 W, Timpview, Orem, UT
Property

Industrial
Availability

1 Space

5,874 SF
For Lease Contact for pricing
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Orem Business Park | For Sublease

1365 Business Park Dr, Sunset Heights West, Orem, UT
Property

Office
Availability

1 Space

6,900 SF
For Lease Contact for pricing
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RW Commercial Center

1280 S 1380 W, Sunset Heights West, Orem, UT
Property

Industrial
Availability

1 Space

1,563 SF
For Lease Contact for pricing
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Rural Power & Light

1358 West Business Park Drive, Sunset Heights West, Orem, UT
Property

Office

8,500 SF
Availability

1 Space

8,500 SF
For Lease

$17.75/SF/YR
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Former Shopko

125 S State St, Downtown Orem, Orem, UT
Property

Retail
Availability

1 Space

35,692 SF
For Lease Contact for pricing
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Pebbles Orem C-2

1132 South State Street, Lakeridge, Orem, UT
Property

Retail

7,270 SF
Availability

1 Space

7,270 SF
For Lease

$12.00/SF/YR
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Central Park West

1875 South State Street, Hillcrest, Orem, UT
Property

Office

46,095 SF
For Sale

$11,754,225
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Vineyard Retail Land

430 South Geneva Road, Sunset Heights West, Vineyard, UT
Property

VacantLand

1.3 Acre
Availability

1 Space

1.3 Acre
For Lease Contact for pricing
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Office | For Sale or Lease

1778 N State St, Northridge, Orem, UT
Property

Office
Availability

1 Space

6,756 SF
For Lease Contact for pricing
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Canyon Park Technology Center | Bldg M | Sublease

707 Timpanogos Pkwy, Windsor, Orem, UT
Property

Office
Availability

1 Space

4,047 SF
For Lease Contact for pricing
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The Crossing @ Timp Creek

130 S State St, Orem Park, Orem, UT
Property

Retail
Availability

1 Space

2,884 SF
For Lease Contact for pricing
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800 N Orem Flex

1355 W 800 N, Geneva Heights, Orem, UT
Property

Industrial
Availability

1 Space

5,726 SF
For Lease Contact for pricing
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Pinehurst Office | Suite 100 | For Sale

480 W 800 N, Timpview, Orem, UT
Property

Office

3,668 SF
For Sale

$1,485,000
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Orem West Flex/Industrial | For Lease

1128 S 1680 W, Sunset Heights West, Orem, UT
Property

Industrial
Availability

1 Space

7,600 SF
For Lease Contact for pricing
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1593 North Technology Way
The Muller Company
1593 Technology Way, Orem, UT

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Gerber Collision & Glass

899 North Industrial Park Road, Timpview, Orem, UT
Property

Industrial

24,206 SF
For Sale

$3,500,000
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Mtn View Office Building

168 S 1200 W, Orem Park, Orem, UT
Property

Office
Availability

1 Space

60,433 SF
For Lease Contact for pricing
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661 E 450 N

661 E 450 N, Sharon Park, Vineyard, UT
Property

VacantLand

59,677 SF
For Sale

$1,245,816
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Northgate 2

811-870 N. 900-980 W, Hillcrest, Orem, UT
Property

Retail

3,481 SF
Availability

1 Space

1,668 SF
For Lease

$13.50/SF/YR
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Orem Retail Center

324 E 800 S, Hillcrest, Orem, UT
Property

Retail
Availability

1 Space

1,614 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Orem commercial real estate market incorporates 440,284 square feet of office space across 43 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Orem commercial real estate market includes 372,707 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Orem market, there is a total of 86,056 square feet of industrial property.

The listing inventory in Orem incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Orem is represented by Industrial space, which accounts for 2,155,870 square feet of available listings. Office space available in Orem adds up to 1,004,725 square feet.

Meanwhile, most of the listings of commercial property for sale in Orem are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Orem is $15.5 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Orem can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Orem, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Orem is in the Hillcrest neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Hillcrest area.

Meanwhile, retail space opportunities are most abundant in the Hillcrest submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Sunset Heights West.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $35 per square foot. In particular, the property type commanding the highest lease rates in Orem was Office space.

The average size of a commercial property in Orem depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Orem, the average size of an office property is 20,966 square feet.
Retail properties here incorporate an average of 46,589 square feet.
Industrial space in Orem is in buildings that are, on average 21,514 square feet in size.

Orem, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Orem currently add up to 3,533,769 square feet. The market offers 35 active office listing(s), which amount to 1,021,379 square feet and account for 53% of commercial spaces on the market. Local retail availability includes 236,855 square feet across 15 retail space(s). Industrial space for rent opportunities in Orem amount to 2,103,909 square feet across a total of 13 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	35	1,021,379
Retail	15	236,855
Industrial	13	2,103,909
Other	3	171,626

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Orem, UT. Currently, there is 321,852 square feet of commercial property for sale here , which includes 13 office building(s) for sale , 1 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	13	206,493
Retail	1	7,270
Industrial	3	48,412
Other	1	59,677

Orem, UT Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Orem, UT?

What factors affect the price of commercial real estate in Orem, UT?

What is the average rent for commercial space in Orem, UT?

What are the best areas for commercial real estate in Orem, UT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Orem, UT?

Orem, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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