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West Salem Professional Office 540 Patterson St NW 1,177 SF of Office Space Available in Salem, OR 97304
HIGHLIGHTS
- First Floor 660 SF, Second Floor 380 SF, common area shared restroom. Total SF 1177
- Onsite Private Parking
- Two Months Free Rent!
- IG Zoned Property
- High End New Construction
- Landlord Willing to Demise for Smaller Footprint Need
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 110 | 1,177 SF | 24 Years | $22.20 /SF/YR $1.85 /SF/MO $26,129 /YR $2,177 /MO | Triple Net (NNN) |
1st Floor, Ste 110
Two months free rent! Premium office space in West Salem. 1,177 SF split between two levels with high ceilings, a welcoming open area and two private offices on the main level, plus a storage room. Large open mezzanine, and plenty of windows throughout for great natural lighting, common area restrooms. Landlord willing to demise space for a smaller footprint need
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 10 People
- 2 Private Offices
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 | 1,177 SF | Gross Leasable Area | 3,542 SF |
| Property Type | Retail | Year Built | 2021 |
| Total Space Available | 1,177 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,542 SF |
| Year Built | 2021 |
ABOUT THE PROPERTY
TWO MONTHS FREE RENT! New Professional Endcap Office, Available in the beautiful Edward Jones building. 550 Patterson Street NW in Salem, OR presents an exceptional leasing opportunity for businesses seeking high-end new construction office or professional services space. This IG Zoned property boasts a sophisticated commercial environment. Tenants can expect a premium leasing experience that aligns with their professional image and operational needs. This property sets the stage for success, providing a modern and adaptable space for businesses to thrive. Located in West Salem next to Xicha Brewery, West Box CrossFit, and Little Lois Cafe. Contact listing broker for showing instructions.
NEARBY MAJOR RETAILERS
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West Salem Professional Office | 540 Patterson St NW
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