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Office Space Near Transportation Hub
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5101 S Commerce Dr, Murray, UT 84107

Office space with excellent access to transportation and amenities.

Space SizeContact for details
Days on Market762

Property Features for 5101 S Commerce Dr

General Information

Standard status Active
Property subtype Office
Lease Type Full Service

Building Details

Tenancy Multiple

Spaces For Lease

at 5101 S Commerce Dr Contact us

Suite 200

Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Newmark Mountain West
Listed By: Jeff Rossi · License #UT 5495795-SA00
Source: Crexi
Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Aug 14 at 11:24PM

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 Newmark Mountain West

Investment Insights

Based on property information with market context.

This office space is located one block away from Murray Station, which provides access to Trax and FrontRunner lines. The property offers excellent freeway access and is situated close to the IHC Complex. Numerous retail and restaurant options are located nearby.

Key Highlights

  • Proximity to Murray Station (Trax and FrontRunner)
  • Excellent freeway access
  • Close to IHC Complex

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Nail Salon Grocery & Convenience Store Real Estate Agency Hair Salon Food Market

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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,313
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
15,101 SF
Avg Space Size

This space is priced 31% 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space with excellent access to transportation and amenities.
Where is this office units located?
The property is located at 5101 S Commerce Dr Murray, UT.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Proximity to Murray Station (Trax and FrontRunner); Excellent freeway access; Close to IHC Complex
More about this property
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