Orem, Utah, is a hub for industrial activity, making it an ideal location for Industrial Space For Lease. With its proximity to Utah Lake and the Mount Timpanogos/Wasatch Mountain range, Orem offers a unique blend of natural beauty and industrial infrastructure. The city's diverse demographic composition and strong educational institutions, such as Utah Valley University, create a skilled workforce that can support various industries. Additionally, Orem's transportation infrastructure, including the Frontrunner train and UVX bus rapid transit, provides easy access to major roads and highways, making it an attractive location for businesses. The city is also home to notable companies like Blendtec, Bluehost, and Novell, which contribute to its thriving economy.
Orem's Industrial Space For Lease market offers a range of options, with 20 listings available. These spaces have an average annual rent of $14 USD per square foot, with sizes ranging from 400 square feet to 157,125 square feet. In addition to Industrial Space, Orem also offers Flex Space, Commercial Real Estate, Land, and Restaurants For Lease, providing businesses with a variety of options to suit their needs. With its strong economy, skilled workforce, and excellent infrastructure, Orem is an ideal location for businesses looking to establish or expand their operations.
What is the average size of industrial space for lease in the Orem market?
The average size of industrial space for lease in the Orem market is 22,754 square feet, with a total of 20 available listings, and maximum space size of 157,125 square feet, making it an attractive option for businesses looking to establish or expand their operations in the area.
What do I need to look for when leasing an industrial space in Orem?
When leasing an industrial space in Orem, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $14 USD per square foot, and average space size, which is approximately 22,754 square feet, to ensure the space meets your business needs and budget.
- Proximity to major transportation hubs, such as the Orem station serving the FrontRunner train and the Orem Central Station, part of the Utah Valley Express (UVX) bus rapid transit system, to facilitate easy access for employees, customers, and goods.
- The maximum space size available, which is up to 157,125 square feet, and the variety of amenities and services offered, such as loading docks, warehouse space, and office areas, to support your business operations.
