Orem, Utah, is a hub for businesses, offering a unique blend of amenities, infrastructure, and education that makes it an ideal location for office space for lease. With its proximity to Utah Valley University, Utah Lake, and the Mount Timpanogos/Wasatch Mountain range, Orem provides a diverse demographic composition and a strong economy. The city's infrastructure, including the Frontrunner train, UVX bus rapid transit, and regular bus services, makes it easily accessible. Major roads like Interstate 15, US Highway 89, and US Highway 189 also connect Orem to surrounding cities. Notable companies like Blendtec, Bluehost, and Novell have started in Orem, contributing to its economic growth. The city's annual events, such as the Timpanogos Storytelling Festival and Summerfest celebration, also attract visitors and locals alike.
Orem's office space for lease market offers a range of options, with 50 listings available. The average annual rent per square foot is $24 USD, with sizes ranging from 89 square feet to 111,149 square feet. In addition to office space, Orem also offers coworking space, flex space, medical offices, and retail space for lease. Coworking space is ideal for startups and entrepreneurs, while flex space provides a flexible and adaptable work environment. Medical offices are perfect for healthcare professionals, and retail space is suitable for businesses looking to establish a storefront. With its diverse economy and amenities, Orem is an attractive location for businesses of all types.
What is the average size of office space for lease in the Orem market?
The average size of office space for lease in the Orem market is 7,690 square feet, with a total of 50 available listings, and a maximum space size of 111,149 square feet, offering a range of options for businesses to find the perfect fit.
Are there different types of office space leases available?
In Orem, Utah, you'll find a range of office space lease options to suit various business needs, with 50 available listings to choose from, offering varying lease terms, sizes, and amenities.
- Average annual rent per square foot is $24 USD, with average office space sizes ranging from 7,690 square feet to a maximum of 111,149 square feet.
- From traditional full-service leases to more flexible options like coworking spaces and shared offices, Orem's office market caters to diverse business requirements and budgets.
- Many office spaces in Orem also offer additional amenities, such as on-site parking, high-speed internet, and proximity to major transportation hubs, including the Frontrunner train and UVX bus rapid transit system.
