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Northgate Center 3850 Portland Rd NE 21,670 SF 100% Leased Office Building Salem, OR 97301 $2,750,000 ($126.90/SF)
INVESTMENT HIGHLIGHTS
- High Traffic Counts/ Visibility
- Elevator Served
- Close to Interstate 5 North/South
- Recent Exterior Paint
EXECUTIVE SUMMARY
*Short to longer term leases;
*Potentially great owner/occupant opportunity;
*Below market rental rates - room to grow income;
*Major remodel in 2017;
*Exterior paint in 2024;
*Very flexible zoning which includes office, retail, residential living and more;
*Elevator served;
*Great proximity Interstate 5 north/south interchange;
*Listing broker part of ownership;
*Potentially great owner/occupant opportunity;
*Below market rental rates - room to grow income;
*Major remodel in 2017;
*Exterior paint in 2024;
*Very flexible zoning which includes office, retail, residential living and more;
*Elevator served;
*Great proximity Interstate 5 north/south interchange;
*Listing broker part of ownership;
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
21,670 SF
Building Class
C
Year Built
1971
Price
$2,750,000
Price Per SF
$126.90
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,835 SF
Building FAR
0.63
Lot Size
0.79 AC
Zoning
MU-III - Very flexible zoning allowing office, retail, residential living and more.
Parking
68 Spaces (3.18 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Signage
- Kitchen
- Central Heating
- Fully Carpeted
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Hardwood Floors
- Monument Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Good Tree Inc
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Good Tree Inc | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 526103 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $76,860 |
PROPERTY TAXES
Parcel Number
526103
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$76,860
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Northgate Center | 3850 Portland Rd NE
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