Historical Office Lease Listing - CAPITOL CITY BUSINESS CENTER

Office For Lease

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CAPITOL CITY BUSINESS CENTER

4600 25th Avenue N.E., Salem, OR 97301

N/A

34,404 SF | Office

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Office Property - Off Market

Total Space Rentable:
34,404 SF
Rental Rate:
N/A
Min. Divisible:
5,164 SF
Max. Contiguous:
18,126 SF
Property Type:
Office
Property Sub-type:
Institutional/ Governmental
Building Size:
233,778 SF
Year Built:
1977
Lot Size:
29.50 AC
Listing ID
15468037
Last Updated
over 1 year ago

3 Spaces

Space 170

  • 18,126 SF
  • N/A
  • Institutional/ Governmental
  • Full Service
  • Apr 2011
  • Great tenant improvement packages are available.

Space 176

  • 5,164 SF
  • N/A
  • Institutional/ Governmental
  • 18,126 SF
  • Full Service
  • Apr 2011
  • Great tenant improvement packages are available.

Space 151

  • 11,114 SF
  • N/A
  • Institutional/ Governmental
  • 18,126 SF
  • Full Service
  • Apr 2011
  • Interior location that faces the Great Hall. With built out glass store front and large interior sky lights, we can flood this space with light and pass along an outstanding lease rate.

Highlights

  • Willamette Valley's Premier Commerce Center!
  • Visible to I-5 with great parking
  • Rents from $19.00/SF full service
  • Healthy tenant improvement packages available.
  • Spaces available from 5,164 to 34,404 SF.

Description

Originally constructed in 1959 and expanded through 1986, this single level building was the NW Regional Center for State Farm Mutual Insurance. The property was purchased in 2005 by an entity of Meriwether Partners LLC, as the local operating partner, and a national real estate investment money manager as the capital partner. Since their acquisition, the Landlord has completed a multi-million base building upgrade of the property including: a new great room and interior corridors; skylights; and HVAC upgrades. Significant tenant improvement dollars are available for the right transactions. We are currently offering three suites of approximately 5,000, 11,000 and 18,000 RSF for direct lease and 7,100 RSF for sub-lease with rates starting at $19.00 full service. Professionally managed by Kidder Matthews with full-time on-site building engineers.

Salem is Oregon's second largest city and located just 43 miles south of Portland. The Property features significant frontage along I-5, Oregons most traveled route. This attribute is important for large corporations looking for sites in Oregon. Salem features tremendous quality of life and an available, educated workforce. Strong economic and tax incentives are available for the right user.

Map of 4600 25th Avenue N.E., Salem, OR 97301

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