Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1145 800 Orem, UT 84097

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A Office Space, 2 Suites Available

    Lot size:
    46,286 SF

    Property Features for 1145 800

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,286 SF
    Class
    A
    Total Rate
    108000.67

    Building Details

    Year Built
    2001

    Spaces For Lease

    at 1145 800, Orem, UT 84097 Contact us
    Unit Suite 300

    $28 /Mo

    Size
    11,575 SF
    Contact us
    Unit Suite 200

    $28 /Mo

    Size
    5,911 SF
    Contact us

    We can help!

    Listing Contact
    Dan Donaldson
    Dan Donaldson

    Listing Agent: Dan Donaldson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fibernet D offers exceptional Class A executive office suites in a premier Orem location, ideally situated between Brigham Young University and Utah Valley University. This 46,286 square foot building boasts convenient freeway access, making commuting a breeze. Currently, there are two available spaces ranging from 5,911 to 11,575 square feet, totaling 17,486 square feet of vacant space. The building sits on a 2.73-acre lot and was constructed in 2001. Tenancy is multiple, providing a dynamic and collaborative environment. Beyond the prime location and ample parking (a generous 5 spaces per 1,000 square feet), Fibernet D offers a comprehensive suite of amenities. These include readily available furniture, excellent internet and wireless services, colocation/data center capabilities, and on-site technical support. The full-service lease rate is $28.00 per square foot, with available space ranging from 5,911 to 17,486 square feet. This is an unparalleled opportunity for businesses seeking a sophisticated and well-equipped workspace in a highly desirable location. The building's modern design and comprehensive services make it an ideal choice for companies seeking a productive and convenient environment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ClearCenter, Corp. (Bike/Boat/Book/etc) Store Executech - IT Support ... Tech Support Center Wealth Management Consulting Financial Advisor Digital Forensics IT Consulting Firm Fibernet Corporation Data ... Data Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.6755092
    Latitude
    40.2761217

    Nearby Similar for Lease

    • Contact for pricing
      70,132 SF

      Renovated Retail Spaces Available

      Three newly renovated retail spaces available for lease in Orem.
      1160 S State St, Orem, UT 84097
      View Details
    • $25 SF/Yr
      1,742 SF

      Shell Office Space For Rent

      Shell office space available Summer 2025 in high-traffic area.
      1802 N State St, Orem, UT 84097
      View Details
    • $13 SF/Yr
      6,000 SF

      Orem Office/Retail Space Available

      6,000 SF office/retail space for lease in Orem, Utah.
      1170 S State St, Orem, UT 84097
      View Details
    • $16 SF/Yr
      1,200 SF

      Retail/Office Space on State Street

      1,200 SF retail/office space for lease on State Street.
      1591 S State St, Orem, UT 84057
      View Details
    • $4,000 /Mo
      536 SF

      Renovated Office Spaces Available

      Newly renovated office building with spaces available for rent.
      111 N Geneva Rd, Orem, UT 84057
      View Details
    • $13 SF/Yr
      8,250 SF

      Orem Office Space Available

      8,250 SF office space with modern finishes for lease.
      721 N 1500 W, Orem, UT 84057
      View Details
    • $28 SF/Yr
      24,493 SF

      Class A Office Space Available

      Class A office space for lease with on-site amenities.
      500 E Park Ave, Orem, UT
      View Details
    • Contact for pricing
      45,233 SF

      Orem Retail Space Available

      45,233 SF retail space in Orem's retail corridor.
      86 E University Pkwy, Orem, UT 84058
      View Details
    • $13 SF/Yr
      960 SF

      Orem Office Space Available

      960 SF office space for rent in Orem.
      1041 S Orem Blvd, Orem, UT 84058
      View Details
    • $14 SF/Yr
      3,460 SF

      Orem Flex Space Available

      3,460 SF flex space with I-15 visibility for lease.
      621 N 1200 W, Orem, UT 84097
      View Details
    • $37 SF/Yr
      7,460 SF

      Retail Space Near UVU Expansion

      Retail space anchored by Larry H. Miller megaplex theater.
      614 N Ml Rd, Orem, UT
      View Details
    • Contact for pricing
      11,000 SF

      Retail Space Near UVU Expansion

      Retail space anchored by Larry H. Miller megaplex theater.
      542 N Ml Rd, Orem, UT
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space, 2 Suites Available
    Where is this office property / space located?
    The property is located at 1145 800 Orem, UT.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Class A, 46,286 SF office building built in 2001.; Multiple tenancy with 17,486 SF vacant.; 2 suites available, ranging from 5,911 SF to 11,575 SF.
    (801) 836-3600 Call to check price and availability
    Request Owner's contact information
    1145 800 Orem, UT 84097
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1145 800
    Orem, UT 84097
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1145 800 Orem, UT 84097
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dan Donaldson
    Dan Donaldson
    Real Estate License ID: 5493220-BB00
    (801) 836-3600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!