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Office Units with Finished Basement
For Lease
$18 SF/Yr

7-1372 S 740 E, Orem, UT 84058

Two-level office configuration includes private offices, reception areas, restrooms, a kitchenette, storage, and flexible workspace.

Days on Market10

Property Features for 7-1372 S 740 E

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Move-in Ready
Private Offices 6

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,407

Amenities

private restroom
kitchenette
ample storage
spacious reception area
separate exterior entrance

Building Details

Construction brick
Listing Agency: Berkshire Hathaway HomeServices Elite Real Estate
Listed By: Gloria Uribe
Source: Exprealty
Added: Jul 23 Changed: Aug 1 Last Checked: Aug 1 at 4:14AM

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

Investment Insights

Based on property information with market context.

This office property combines a main-level layout with a fully finished basement for a total of six private offices, a reception area, a flexible room, two restrooms, a kitchenette, and storage. The upper level includes four private offices, while the lower level adds two offices and a flex room that can function as a conference room or additional office. A separate exterior entrance provides independent access to the basement. The building also features a brick exterior and tile roof.

Located in Orem near University Mall and ten minutes from I-15, the property sits within a professional and retail corridor. Its configuration supports businesses seeking dedicated office rooms, client-facing reception space, and additional workspace within one building. The layout can also accommodate multi-tenant occupancy or expanding professional operations.

Key Highlights

  • Six private offices across the main level and finished basement
  • Finished basement with separate exterior entrance
  • Main level includes four private offices, reception area, and private restroom

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service HVAC Service Restaurant Florist

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,485
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

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 - Two-level office configuration includes private offices, reception areas, restrooms, a kitchenette, storage, and flexible workspace.
Where is this office units located?
The property is located at 7-1372 S 740 E Orem, UT.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Six private offices across the main level and finished basement; Finished basement with separate exterior entrance; Main level includes four private offices, reception area, and private restroom
More about this property
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