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CAPITOL CITY BUSINESS CENTER
4600 25th Avenue N.E., Salem, OR 97301
34,404 SF | Office
Office Property - Off Market
- Total Space Rentable:
- 34,404 SF
- Rental Rate:
- Property Type:
- Property Sub-type:
- Institutional/ Governmental
- Building Size:
- 233,778 SF
- Year Built:
- Lot Size:
- 29.50 AC
- Listing ID
- Last Updated
- over 1 year ago
- 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.
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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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P