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State Street Crossing State St 1,301 - 2,935 SF of Space Available in Salem, OR 97303
HIGHLIGHTS
- Heavy Daytime Traffic
- Great Retail Presence
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 134 | 1,301 SF | 3-5 Years | $20.00 /SF/YR $1.67 /SF/MO $26,020 /YR $2,168 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 164 | 1,634 SF | 3-5 Years | $15.00 /SF/YR $1.25 /SF/MO $24,510 /YR $2,043 /MO | Triple Net (NNN) |
134-164 Lancaster Dr - 1st Floor - Ste 134
Space has great visibility from Lancaster Dr. The interior has front open retail space, private office and ADA restroom.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
134-164 Lancaster Dr - 1st Floor - Ste 164
Space has large opn area with sink and cabinets. There is also 3 private offices and private restroom. Space is located on the East side of the property.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 14 People
- 3 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.
SELECT TENANTS AT STATE STREET CROSSING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Big Mack Cuts
- -
- 1
- -
- Carnierialos Compadres
- Public Administration
- 1
- -
- Little Caesars
- Pizza
- 4,804
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Big Mack Cuts | - | 1 | - |
| Carnierialos Compadres | Public Administration | 1 | - |
| Little Caesars | Pizza | 4,804 | International |
PROPERTY FACTS
| Total Space Available | 2,935 SF | Gross Leasable Area | 29,566 SF |
| Center Type | Strip Center | Total Land Area | 3.51 AC |
| Parking | 141 Spaces | Year Built | 2006 |
| Center Properties | 3 | Cross Streets | Lancaster Dr |
| Total Space Available | 2,935 SF |
| Center Type | Strip Center |
| Parking | 141 Spaces |
| Center Properties | 3 |
| Gross Leasable Area | 29,566 SF |
| Total Land Area | 3.51 AC |
| Year Built | 2006 |
| Cross Streets | Lancaster Dr |
ABOUT THE PROPERTY
Discover a prime leasing opportunity at 134 Lancaster Drive SE, Salem, OR, 97317. This property offers the perfect blend of visibility and convenience along a bustling retail corridor. With ample parking available, it's an ideal space for a range of business needs. Neighboring prominent tenants such as Walgreens and Little Caesars underscore the high-traffic location and potential customer base. Don't miss the chance to make this well-positioned property the home for your business.
NEARBY MAJOR RETAILERS
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State Street Crossing | State St
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