Provo, Utah, is a hub for commercial activity, making it an ideal location for a Commercial Real Estate Property For Lease. With its strong focus on technology development, the city has given rise to several billion-dollar startups, and its growing economy is fueled by a variety of local and international companies. The city's infrastructure is well-equipped to support businesses, with access to Interstate 15, US-89, US-189, and the Provo Municipal Airport, as well as the Utah Transit Authority (UTA) bus system and the FrontRunner commuter rail service. Additionally, Provo is home to Brigham Young University (BYU) and the largest Missionary Training Center of the Church of Jesus Christ of Latter-day Saints, making it an attractive location for businesses that cater to the educational and religious sectors. The city's amenities, such as the Provo Recreation Center, Peaks Ice Arena, and the Marriott Center, also make it an attractive location for businesses that value work-life balance. With its unique blend of technology, education, and culture, Provo is an excellent location for a Commercial Real Estate Property For Lease.
Provo's Commercial Real Estate market offers a range of options, with 80 listings available For Lease. The average annual rent per square foot is $37 USD, with a minimum of $1 USD and a maximum of 155,140 square feet. In addition to Commercial Real Estate Properties, Provo also offers Office Space, with amenities such as high-speed internet and modern furnishings. Coworking Space is another option, providing a collaborative environment for entrepreneurs and startups. Retail Space is also available, with opportunities for businesses to establish a presence in the city's vibrant downtown area. Finally, Industrial Space is available for businesses that require warehouse or manufacturing facilities. With its diverse range of Commercial Real Estate options, Provo is an attractive location for businesses of all sizes and types.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Provo, Utah, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $37 USD, and the average size of available listings, which is 9,549 square feet, to ensure you're getting a good deal;
- The maximum space size available, which is 155,140 square feet, to accommodate your business needs;
- The location and accessibility of the property, taking into account Provo's infrastructure, including Interstate 15, US-89, and US-189, as well as the Provo Municipal Airport and the Provo Intermodal Center, to ensure easy access for customers and employees.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Provo, Utah, it's essential to consider factors such as the size of the space, type of property, and location. With 80 available listings of commercial real estate for lease in Provo, you'll want to narrow down your options by identifying your specific business requirements.
- Assess your business needs by considering the number of employees, equipment, and inventory you'll need to accommodate, as well as any specific features required, such as loading docks or office space. This will help you determine the ideal square footage, with average sizes ranging from 9,549 square feet to 155,140 square feet.
- Research different types of commercial properties, including office spaces, retail stores, warehouses, and restaurants, to find the one that best suits your business model and target audience.
- Consider the location of the property, taking into account factors such as proximity to major transportation routes, public transportation options, and amenities like restaurants, shops, and entertainment venues that may be important to your employees and customers.
