Commercial Real Estate Listings in Orem, UT
The Orem real estate market has a lot to offer.
You will find that Industrial space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Office
51
517,021 Sq. Ft.
Retail
16
372,707 Sq. Ft.
Industrial
16
86,056 Sq. Ft.
Office
52.99%
Retail
38.20%
Industrial
8.82%
Top Locations for Commercial Space in Orem, UT
Depending on the type of space that you’re looking for, different areas of Orem may suit your needs differently.
The city’s Hillcrest neighborhood has the highest concentration of CRE listings, offering 14 availabilities on the market.
The Timpview neighborhood is home to the second-largest number of leasing opportunities — 11 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Hillcrest.
Neighborhood with most CRE Listings
No. of Spaces
Hillcrest
14
Timpview
11
Sunset Heights West
10
Neighborhood with most Office Listings
No. of Spaces
Hillcrest
11
Stonewood
7
Timpview
7
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Sunset Heights West area is the local Orem submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Orem, you’ll find the most such opportunities for lease to be in Hillcrest.
Neighborhood with most Industrial Listings
No. of Spaces
Sunset Heights West
7
Timpview
3
Orem Park
2
Neighborhood with most Retail Listings
No. of Spaces
Hillcrest
3
Orem Park
2
Cherry Hill
2
Commercial Real Estate for Sale in Orem, UT
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 350,392 square feet of commercial property for sale in Orem.
The largest investment opportunity on the local market offers 59,677 square feet of earning potential.
Across the properties offered for sale here, listed prices start at $625,000.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Orem, UT
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
855 S 700 E, Hillcrest, Orem, UT