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1940 Mission St SE 17,000 SF of Industrial Space Available in Salem, OR 97302
HIGHLIGHTS
- Spacious industrial and warehouse facilities
- High ceilings
- Strategic positioning in the industrial hub
- Ample parking
- Efficient loading facilities
- Access to major transportation routes
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,000 SF | Negotiable | $11.73 CAD/SF/YR $0.98 CAD/SF/MO $199,337 CAD/YR $16,611 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- 1 Loading Dock
- Spacious industrial and warehouse facilities
- Ample parking
- High ceilings
- Efficient loading facilities
- Strategic positioning in the industrial hub
- Access to major transportation routes
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 1940 MISSION ST SE, SALEM, OR 97302
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Withnell Auto
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Withnell Auto | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 17,000 SF | Year Built | 1987 |
| Property Type | Retail | Parking Ratio | 4.94/1,000 SF |
| Property Subtype | Freestanding | Cross Streets | Hines St SE |
| Gross Leasable Area | 20,247 SF |
| Total Space Available | 17,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 20,247 SF |
| Year Built | 1987 |
| Parking Ratio | 4.94/1,000 SF |
| Cross Streets | Hines St SE |
ABOUT THE PROPERTY
Strategically located in Salem, Oregon, the area is an industrial powerhouse with easy access to I-5 and Highway 22, making it perfect for storage, distribution, or warehousing. Ideal for businesses seeking efficient transportation routes and a strong industrial community, the location offers a prime opportunity for industrial, warehouse, and distribution tenants. 1940 Mission Street SE, Salem, OR, 97302 has a 17,000 SF warehouse space available, located in the rear of the Withnell property. This large industrial space has ample parking, high ceilings, a fenced perimeter, and an efficient loading dock area. This space is ideal for businesses seeking a well-equipped and strategically located industrial, warehouse, or distribution space.
NEARBY MAJOR RETAILERS
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1940 Mission St SE
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