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Office Units with Training Room
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384 S COMMERCE Loop E, Orem, UT 84058

Commercial Lease, Orem, UT

Space SizeContact for details
Lot Size0.98 Acres
Days on Market30

Property Features for 384 S COMMERCE Loop E

General Information

Property type Commercial Lease
Property subtype Office
Subdivision Orem; Provo; Sundance
Standard status Active
APN 17-072-0009
Lot size 0.98 Acres

Taxes and HOA fees

Tax Annual Amount 1

Amenities

Reception Area
Break Room
Laundry Room
Signage available

Building Details

Year built 2000
Listing Agency: KW WESTFIELD · Keller Williams Realty
Listed By: Clay Winder · License #342843SA00
Added: Aug 10 Changed: Aug 31 Last Checked: Sep 8 at 12:06PM
MLS# 2177860

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Investment Insights

Based on property information with market context.

This office unit combines a welcoming reception area with four main-floor offices, two adjacent restrooms, and a break room. A stairway leads to an expansive training room that also includes a laundry room. The space has been freshly painted and re-carpeted, providing a refreshed interior for immediate occupancy.

Located at 384 S Commerce Loop E in Orem, the property includes parking in the south lot in front of the building. Signage may be installed at the corner of Commerce Loop and 400 S. The full-service lease structure excludes CAM charges, while the tenant is responsible for gas and electric service.

Key Highlights

  • Four large office spaces on the main floor
  • Training room with an adjoining laundry room
  • Reception area, break room, and two restrooms

Property Analytics

Current Use

ShopSite Inc Marketing & Advertising

Suggested Use

Top Pick Hair Salon Law Firm Real Estate Agency Restaurant Accounting Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

903
Businesses Nearby

Demographics for 84058, UT

33,734
Population
11,749
Households
2.9
Avg Household Size
26
Median Age
41%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,217
Density / Sq Mi
$71,474
Median Household Income
$27,325
Median Earnings
$1,395
Median Rent
$441,900
Median Home Value

Market

Lease Benchmarks for Orem, UT

$15.05 /SF/Yr
Avg Asking Price
$12.72–$19 /SF/Yr
Price Range
56,554 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Updated office space offers multiple private rooms, support areas, and parking for immediate occupancy.
Where is this office units located?
The property is located at 384 S COMMERCE Loop E Orem, UT.
What are key features of this property?
This property features: Four large office spaces on the main floor; Training room with an adjoining laundry room; Reception area, break room, and two restrooms
More about this property
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