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Murray Office Space for Lease
For Lease
$16 SF/Yr

5288 Commerce Dr., Murray, UT 84107

Campus-like office property with updated interiors and convenient amenities.

Space SizeContact for details
Property Size109,009 SF
Days on Market256

Property Features for 5288 Commerce Dr.

General Information

Standard status Active
Size 109,009 SF
Property subtype Office
Listing Agency:
Listed By: Andy Renfro
Source: Iproperties
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Aug 4 at 3:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andy Renfro

Investment Insights

Based on property information with market context.

This campus-like property offers flexibility for suites to be combined or divided to suit various business needs. Located in Murray, UT, the property is conveniently located near dining destinations and Fashion Place Mall. Murray Park provides green spaces for outdoor activities. Commuting is facilitated by the proximity to Trax, Front Runner, and bus stops, as well as easy access to I-15 and I-215. The property features Utopia Internet and a parking ratio of 4 per 1,000 square feet. Under new on-site management, the property has updated interiors and exteriors. Tenant improvements are available to customize the space. The property is near Intermountain Medical Center and located in the ideal 5300 South location.

Key Highlights

  • Convenient Commuting: Walk to Trax, Front Runner, and bus stops, with easy I‑15 and I‑215 access.
  • High Parking Ratio: Enjoy a generous 4/1000 parking ratio.
  • Flexible Space: Combine or divide suites to fit your business needs.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Nail Salon Grocery & Convenience Store Food Market

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,125
Businesses Nearby

Demographics for 84107, UT

37,713
Population
17,287
Households
2.2
Avg Household Size
34
Median Age
38%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
5,028
Density / Sq Mi
$73,469
Median Household Income
$46,098
Median Earnings
$1,387
Median Rent
$426,000
Median Home Value

Market

Lease Benchmarks for Murray, UT

$17.94 /SF/Yr
Avg Asking Price
$14.5–$21.5 /SF/Yr
Price Range
16,323 SF
Avg Space Size

This space is priced 11% below the average of $17.94 /SF/Yr.

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 - Campus-like office property with updated interiors and convenient amenities.
Where is this office units located?
The property is located at 5288 Commerce Dr. Murray, UT.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Convenient Commuting: Walk to Trax, Front Runner, and bus stops, with easy I‑15 and I‑215 access.; High Parking Ratio: Enjoy a generous 4/1000 parking ratio.; Flexible Space: Combine or divide suites to fit your business needs.
More about this property
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