Orem, UT Retail Properties & Spaces for Lease
Similar Spaces for Sale in Orem, UT
Orem, UT Retail properties & Spaces Lease Rates & Market Statistics
Explore 21 Retail properties & Spaces for lease in Orem, UT on Realmo, a commercial real estate exchange covering the Orem area. The current inventory totals 365,168 square feet of properties — an average of ~17,400 SF per listing.
Asking lease rates for Retail properties & Spaces in Orem start at $12 SF/Yr, average $13.05 SF/Yr, and reach $14.44 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $13.05 SF/Yr, the local average runs 60% below Utah's state average of $32.94 SF/Yr.
Orem accounts for 15% of the 141 retail properties & spaces currently available across Utah County, where nearby markets include Provo and Pleasant Grove. By space type, the market includes 7 shopping centers and 5 storefront properties.