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Airport Business Park 1875-1895 25th St 1,875 SF of Retail Space Available in Salem, OR 97302
SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1857 | 1,875 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $28,125 /YR $2,344 /MO | Triple Net (NNN) |
1855-1895 25th St - 1st Floor - Ste 1857
Welcome to Airport Business Park, a highly visible commercial property offering a triple net lease for financial flexibility. This 1,875 SF space provides tenants with close proximity to Salem Airport, Interstate 5, & downtown Salem. The property features modern amenities, high ceilings, and an open floor plan. This space includes an overhead door & ample parking. This well-maintained property is designed to elevate your professional image and support cost-effective operations. CAM charges at $0.22/SF/month. - Triple Net Lease for Financial Flexibility - Excellent Visibility for Maximum Exposure - Convenient Access to Interstate 5 and Highway 22 - Proximity to Salem Airport - CAMS at $0.22/SF/Month - Well-Maintained Property for Professional Image - Nightly Security Patrols - Overhead Doors - Ample Parking for Staff and Visitors - High Ceilings for Versatile Use of Space - Tenant Improvements are negotiable
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,875 SF | Frontage | 100’ on 25th St SE |
| Center Type | Strip Center | Gross Leasable Area | 16,268 SF |
| Parking | 340 Spaces | Total Land Area | 17.28 AC |
| Stores | 26 | Year Built | 1978 |
| Center Properties | 4 |
| Total Space Available | 1,875 SF |
| Center Type | Strip Center |
| Parking | 340 Spaces |
| Stores | 26 |
| Center Properties | 4 |
| Frontage | 100’ on 25th St SE |
| Gross Leasable Area | 16,268 SF |
| Total Land Area | 17.28 AC |
| Year Built | 1978 |
ABOUT THE PROPERTY
Business park setting with mixed use of retail, light industrial, and services.
- Signage
NEARBY MAJOR RETAILERS
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Airport Business Park | 1875-1895 25th St
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