For Lease
$21/SF/YR

4600 25Th Ave Salem, OR 97301

Salem, OR Office Building - 26,826 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
127
This Class A, 233,358 square foot office building, located in Salem's desirable submarket, presents a unique investment opportunity. Originally built in 1957 and extensively renovated in 2007 (with a major upgrade in 2005), this single-story structure boasts a prime location with high visibility from I-5 and ample parking. The property sits on 24.45 acres and features a modern interior with a great room, updated corridors, skylights, and upgraded HVAC systems. Currently, two prominent suites are available for immediate occupancy: a 5,390 square foot suite and a larger 26,826 square foot suite (which is divisible). Full-service rents start at $1.75 per square foot, with attractive tenant improvement packages available for qualified tenants. The building is professionally managed with on-site engineers ensuring seamless operations. The property is zoned CO and has a Marion County APN of R244874. This exceptional property offers a blend of classic architecture and modern amenities, making it an ideal location for businesses seeking a prestigious and functional workspace in Salem, Oregon. The building's history as the original Northwest Regional Center for State Farm Mutual Insurance speaks to its quality and enduring appeal. Don't miss this chance to secure a prominent space in a highly sought-after location.

Highlights

  • Class A, 233,358 SF office building in Salem, OR's Submarket.
  • 26,826 SF of immediately available space, divisible into smaller suites including a 5,390 SF suite.
  • High visibility from I-5 with ample parking.
  • Full-service rent starting at $21.00/SF, with generous tenant improvement allowances available.
  • Located on a 24.45-acre site, with a single, one-story building constructed in 1957 and renovated in 2007.

Property Details for 4600 25Th Ave

Property type
Office properties
RSF (Rentable sq. ft)
233,358 SF
Class
A
Year Built/Renovated
1957/2007
Buildings
1
Stories
1

Unit(s) available at that property

Space
CCBC - Suite 160
Size
26,826 SF
Rate per SF
$21
Space
CCBC - Suite 177
Size
5,390 SF
Rate per SF
$21
Space
CCBC - Suite 180
Size
48,857 SF
Rate per SF
$21

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.985916069794
Longitude
-122.99702224995
4600 25Th Ave, Salem, Oregon

FAQs

What type of property is this?
Office property - Salem, OR Office Building - 26,826 SF Available
Where is the office property located?
The property is located at 4600 25Th Ave Salem, OR.
What is the lease rate?
The lease rate is $21/SF/YR.
What are key features of this property?
This property features: Class A, 233,358 SF office building in Salem, OR's Submarket.; 26,826 SF of immediately available space, divisible into smaller suites including a 5,390 SF suite.; High visibility from I-5 with ample parking.
How can I contact the broker?
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4600 25Th Ave
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