Orem, Utah, is a city that offers a unique blend of small-town charm and big-city amenities, making it an ideal location for restaurants. With its proximity to Utah Valley University and its diverse demographic composition, Orem is a great fit for restaurants that cater to a wide range of tastes and preferences. The city's infrastructure, including the Frontrunner train and the Utah Valley Express (UVX) bus rapid transit, makes it easily accessible to residents and visitors alike. Additionally, Orem is home to several major corporations, including Blendtec, Bluehost, and Caldera, which provides a strong customer base for restaurants. The city's scenic location near Utah Lake and the Mount Timpanogos/Wasatch Mountain range also makes it an attractive destination for tourists, further increasing the potential for restaurants to thrive.
With 3 restaurants for lease in Orem, there are plenty of opportunities for entrepreneurs to establish themselves in this thriving city. Orem's restaurants benefit from the city's strong economy, which is driven by a mix of technology, software development, and other industries. In addition to restaurants, Orem also offers a range of other commercial properties, including retail space, commercial real estate, and flex space. Retail space in Orem is ideal for businesses that cater to the city's growing population, while commercial real estate provides opportunities for companies to establish themselves in the heart of the city. Flex space, on the other hand, offers a versatile option for businesses that require a combination of office and warehouse space. Overall, Orem's diverse range of commercial properties makes it an attractive destination for businesses of all types.
How are restaurant leases typically structured?
Restaurant leases in Orem, Utah are typically structured with an average annual rent of $24 USD per square foot, with spaces ranging from 7,500 square feet to 10,000 square feet. This allows restaurateurs to find a space that fits their needs, whether it's a cozy eatery or a larger establishment, and negotiate a lease that works for their business.
What kitchen equipment is usually included in restaurant leases?
When searching for restaurants for lease in Orem, Utah, you'll find 3 available listings, with average annual rent per square foot at $24 USD and average space size of 7,500 square feet, with a maximum space size of 10,000 square feet. Typically, restaurant leases in Orem include essential kitchen equipment such as ovens, stoves, refrigerators, freezers, dishwashers, and sinks, but the specific inclusions may vary depending on the landlord and the terms of the lease.
