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Office Building with Finished Basement
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1372 S 740 E #7, Orem, UT 84097

Flexible professional office layout with private rooms, separate basement access, restrooms, kitchenette, and storage.

Space SizeContact for details
Days on Market60

Property Features for 1372 S 740 E #7

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Move-in Ready
Private Offices 6

Additional Details

Highway Access Yes

Amenities

private restroom
kitchenette
ample storage
separate exterior entrance

Building Details

Year Built 1994
Construction brick
Listing Agency: Berkshire Hathaway HomeServices Elite Real Estate
Listed By: Gloria Uribe
Source: Chancehammock
Added: Aug 18 Changed: Oct 8 Last Checked: Oct 16 at 12:46PM

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 Berkshire Hathaway HomeServices Elite Real Estate

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Investment Insights

Based on property information with market context.

This 1994 office building at 1372 S 740 E #7 in Orem combines a main-level workspace with a fully finished basement. The upper floor includes four private offices, a reception area, and a private restroom. A separate exterior entrance serves the lower level, which adds two private offices, a flex room, a second restroom, a kitchenette, and storage. The configuration can accommodate an expanding business or multiple occupants, subject to applicable requirements.

The property is positioned near University Mall and approximately ten minutes from I-15. A brick exterior and tile roof provide the building’s established physical character, while the two-level arrangement creates distinct areas for offices, meetings, and support functions.

Key Highlights

  • 1994 office building in Orem at 1372 S 740 E #7
  • Fully finished basement with separate exterior entrance
  • Four main‑level private offices plus two basement offices

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Food Market Daycare Center Grocery & Convenience Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,697
Businesses Nearby

Demographics for 84097, UT

23,038
Population
7,237
Households
3.2
Avg Household Size
30
Median Age
50%
College-Educated
98%
High-School Grad
6.0 sq mi
ZIP Area
3,840
Density / Sq Mi
$97,034
Median Household Income
$34,536
Median Earnings
$1,414
Median Rent
$506,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Office building - Flexible professional office layout with private rooms, separate basement access, restrooms, kitchenette, and storage.
Where is this office building located?
The property is located at 1372 S 740 E #7 Orem, UT.
What are key features of this property?
This property features: 1994 office building in Orem at 1372 S 740 E #7; Fully finished basement with separate exterior entrance; Four main‑level private offices plus two basement offices
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