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Cool & Modern Retail Building 309 Shipping St NE 1,662 SF of Retail Space Available in Salem, OR 97301
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 309 | 1,662 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $39,888 /YR $3,324 /MO | Triple Net (NNN) |
1st Floor, Ste 309
Former Cannabis Dispensary Building For Lease in Salem Rare opportunity to lease a former Cannabis Dispensary building on busy Commercial St in Salem. This hip and modern building, built in 2007, is approximately 1,662 SF and is set up currently as a cannabis dispensary. The building includes a private front office, large showroom, an upstairs mezzanine/office and 2 private restrooms. There is an additional private office/check in room in the back off of the parking lot, with a total of 3 entrances/exits. There is an OLCC compliant security system and keypad codes on each door. Upgraded electrical and upgraded mini-splits with 2 separate condensers. The owner is in negotiations to re-acquire retail license, or bring your own. HIGHLIGHTS: - LARGE SHOWROOM - 2 PRIVATE OFFICES/ROOMS + MEZZANINE - 3 ENTRANCES/EXITS - 2 PRIVATE RESTROOMS - CAMERAS & SECURITY SYSTEM IN PLACE - PARKING LOT - EXCELLENT SIGNAGE - CORNER LOT ON BUSY COMMERCIAL ST This corner lot property on .20 acres is a very high traffic location, close to Downtown Salem, Keizer and Dr. Martin Luther King, Jr. Parkway. The property has its own private parking lot plus plenty of street parking and excellent signage on both Commercial St and Shipping St. The property is IC Zoning. Other uses are accepted if allowed other than a salon user. Lease rate is $2.00 NNN - tenant pays all separately metered utilities. ALSO AVAILABLE FOR LEASE ON THE SAME TAX LOT: Semi attached (sealed) is also a 1,446 SF 2 story building previously used as a salon and features open areas for stations, shampoo room w/ 2 sink fixtures, 1 private restroom, breakroom w/ sink and WD hookup. Upstairs features 3 rooms.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
- Large Showroom
- 2 Offices/Rooms + Mezzanine
- 2 Private Restroooms
- 3 Entrances/Exits
- Parking Lot
- Excellent Signage
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 | 1,662 SF | Gross Leasable Area | 1,662 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Convenience Store |
| Total Space Available | 1,662 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Leasable Area | 1,662 SF |
| Year Built | 2007 |
ABOUT THE PROPERTY
Former Cannabis Dispensary Building For Lease in Salem Rare opportunity to lease a former Cannabis Dispensary building on busy Commercial St in Salem. This hip and modern building, built in 2007, is approximately 1,662 SF and is set up currently as a cannabis dispensary. The building includes a private front office, large showroom, an upstairs mezzanine/office and 2 private restrooms. There is an additional private office/check in room in the back off of the parking lot, with a total of 3 entrances/exits. There is an OLCC compliant security system and keypad codes on each door. Upgraded electrical and upgraded mini-splits with 2 separate condensers. The owner is in negotiations to re-acquire retail license, or bring your own. HIGHLIGHTS: - LARGE SHOWROOM - 2 PRIVATE OFFICES/ROOMS + MEZZANINE - 3 ENTRANCES/EXITS - 2 PRIVATE RESTROOMS - CAMERAS & SECURITY SYSTEM IN PLACE - PARKING LOT - EXCELLENT SIGNAGE - CORNER LOT ON BUSY COMMERCIAL ST This corner lot property on .20 acres is a very high traffic location, close to Downtown Salem, Keizer and Dr. Martin Luther King, Jr. Parkway. The property has its own private parking lot plus plenty of street parking and excellent signage on both Commercial St and Shipping St. The property is IC Zoning. Other uses are accepted if allowed other than a salon user. Lease rate is $2.00 NNN - tenant pays all separately metered utilities. ALSO AVAILABLE FOR LEASE ON THE SAME TAX LOT: Semi attached (sealed) is also a 1,446 SF 2 story building previously used as a salon and features open areas for stations, shampoo room w/ 2 sink fixtures, 1 private restroom, breakroom w/ sink and WD hookup. Upstairs features 3 rooms.
NEARBY MAJOR RETAILERS
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Cool & Modern Retail Building | 309 Shipping St NE
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