Orem, UT Industrial Properties for Lease
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Similar Spaces for Sale in Orem, UT
Orem, UT Industrial properties Lease Rates & Market Statistics
Explore 17 Industrial properties for lease in Orem, UT on Realmo, a commercial real estate exchange covering the Orem area. The current inventory totals 480,048 square feet of properties — an average of ~28,250 SF per listing.
Asking lease rates for Industrial properties in Orem start at $6.59 SF/Yr, average $12.26 SF/Yr, and reach $14.44 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12.26 SF/Yr, the local average runs 8% below Utah's state average of $13.28 SF/Yr.
Orem accounts for 18% of the 92 industrial properties currently available across Utah County, where nearby markets include Spanish Fork and Lehi. By space type, the market includes 10 flex space listings and 3 manufacturing properties.