1430 Tandem Ave NE | Salem, OR 97301
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- LoopNet Team
1430 Tandem Ave NE
Salem, OR 97301
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Multi-Tenant Flex Office
- Concurrent Leases with 2 (5) Year Options to Extend
- Located in the State Capital of Salem, Surrounded by Other State Government Entities.
- Strong Historical Occupancy and Currently Leased to The Oregon Health Authority and Department of Health Services with 6 Years Remaining on Leases
- Annual Rent Escalations Provide Increasing Cash Flow over the Hold Period
PROPERTY FACTS
Property Type
Building Size
57,632 SF
Building Class
B
Year Built/Renovated
1996/2017
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
57,632 SF
Building FAR
0.24
Lot Size
5.44 AC
Zoning
IC
Parking
300 Spaces (5.2 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Reception
- Storage Space
PROPERTY TAXES
| Parcel Number | 338008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $8,857,720 |
PROPERTY TAXES
Parcel Number
338008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,857,720
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