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Office Property with Medical Suite
For Lease
$21.50 SF/Yr

5296 S COMMERCE DR, Murray, UT 84107

Move-in-ready office suites offer freeway exposure, covered parking, and convenient access to TRAX and FrontRunner service.

Space Size1,877 SF - 8,141 SF
Days on Market981

Property Features for 5296 S COMMERCE DR

General Information

Standard status Active
Size 1,877 SF - 8,141 SF
Net Rentable 1,877 SF
Property subtype Office
Lease Type Full Service

Space & Availability

Available Space 1,877-8,141 SF
Condition Move-in Ready

Lease Terms

Lease Rate $21.50 /USD/SF/YR
Monthly Rent $3,363-$14,586
Rent per SF/Year $21.50

Site & Location

Highway Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $64,503

Amenities

crown building signage
covered parking
walk to TRAX/Frontrunner Murray Central Station

Building Details

Year Built 1985
Listing Agency: Colliers International LLC (Wasatch)
Listed By: Derek Sawaya · License #8082653
Source: Acresutah
Added: Dec 15, 2023 Changed: Aug 16 Last Checked: Aug 21 at 10:23AM

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 Colliers International LLC (Wasatch)

Investment Insights

Based on property information with market context.

This 1985 office property offers multiple available suites in a range of configurations, including Suite 101 at 1,880 RSF, Suite 104 at 8,141 RSF with a medical office layout, Suite 203 at 1,877 RSF, and Suite 305 at 3,200 RSF. The building has undergone a common-area refresh, and available space is described as move-in ready and functional. Basement and storage space totaling 2,472 SF is also available.

The property includes building signage visible from the freeway, along with ample parking and covered parking options. TRAX and FrontRunner service at Murray Central Station is less than a 15-minute walk away. Located in Murray within Salt Lake County, the property provides access to transit and a prominent freeway-facing setting.

Key Highlights

  • Multiple office suites available, including 1,880 RSF, 8,141 RSF, 1,877 RSF, and 3,200 RSF options
  • Suite 104 offers 8,141 RSF of medical office space
  • Common‑area refresh completed under new ownership

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Nail Salon Grocery & Convenience Store Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,799
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

$19.81 /SF/Yr
Avg Asking Price
$16–$22 /SF/Yr
Price Range
16,135 SF
Avg Space Size

This space is priced 9% above the average of $19.81 /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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in-ready office suites offer freeway exposure, covered parking, and convenient access to TRAX and FrontRunner service.
Where is this office units located?
The property is located at 5296 S COMMERCE DR Murray, UT.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Multiple office suites available, including 1,880 RSF, 8,141 RSF, 1,877 RSF, and 3,200 RSF options; Suite 104 offers 8,141 RSF of medical office space; Common‑area refresh completed under new ownership
More about this property
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