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Orem Office Space Available
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410-450 W 800 N, Orem, UT

Office space for lease near shopping and freeway.

Property Size3,615 SF
Lot Size5.78 Acres
Price / SF$428.49
Days on Market316

Property Features for 410-450 W 800 N

General Information

Standard status Active
Size 3,615 SF
Lot size 5.78 Acres
Property subtype OFFICE
Listing Agency: Colliers | Utah County
Listed By: David Runnells
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 10 Last Checked: Oct 5 at 4:34PM

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 | Utah County

Investment Insights

Based on property information with market context.

This office space, located off 800 North in Orem, Utah, offers convenient access to shopping and the freeway. The available space measures 3,615 square feet and features 11 hard offices, a large bullpen/lounge area, and a reception area. Ample parking is available. The lease rate is $17.00 per square foot NNN.

Key Highlights

  • 3,615 sf available for your business needs.
  • Great location off 800 north.
  • Features 11 hard offices.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,755
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,100 $1.0M
Cap Rate 7%
$725,071 $725.1K
Cap Rate 9%
$563,944 $563.9K
Market Conditions
NOI Build-Up for 3,615 SF
Gross rent
$86.8K $24.00/SF
− Vacancy
−$19.1K −$5.28/SF
EGI
$67.7K $18.72/SF
− OpEx
−$16.9K −$4.68/SF
NOI
$50.8K $14.04/SF
Area
Utah County, UT
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,100
Cap Rate 7%
$725,071
Cap Rate 9%
$563,944

Alternative Uses

Best Use
Office B
$725.1K
$634.4K – $845.9K (±1% cap)
NOI $50,755 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$996.5K
$871.9K – $1.16M (±1% cap)
NOI $69,755 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Bar & Pub Travel Agency Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,343
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - Office space for lease near shopping and freeway.
Where is this office units located?
The property is located at 410-450 W 800 N Orem, UT.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: 3,615 sf available for your business needs.; Great location off 800 north.; Features 11 hard offices.
(801) 666-4256 Call to check price and availability
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