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the FORGE 285 Liberty St 180 - 4,225 SF of 4-Star Retail Space Available in Salem, OR 97301
HIGHLIGHTS
- Central business district
- Retail and Restaurant Spaces
- Signaled intersection
- 550 Stall Parking Garage and Street Parking
SPACE AVAILABILITY (10)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 102 | 486 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $20,353 CAD/YR $1,696 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 108 | 684 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $28,644 CAD/YR $2,387 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 140 | 513 SF | Negotiable | $37.69 CAD/SF/YR $3.14 CAD/SF/MO $19,335 CAD/YR $1,611 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 150 | 608 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $25,462 CAD/YR $2,122 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 155 | 454 SF | Negotiable | $36.01 CAD/SF/YR $3.00 CAD/SF/MO $16,351 CAD/YR $1,363 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 204 | 560 SF | Negotiable | $41.04 CAD/SF/YR $3.42 CAD/SF/MO $22,982 CAD/YR $1,915 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 210 | 274 SF | Negotiable | $43.55 CAD/SF/YR $3.63 CAD/SF/MO $11,933 CAD/YR $994.45 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 212 | 187 SF | Negotiable | $60.30 CAD/SF/YR $5.03 CAD/SF/MO $11,277 CAD/YR $939.73 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 214 | 279 SF | Negotiable | $43.55 CAD/SF/YR $3.63 CAD/SF/MO $12,151 CAD/YR $1,013 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 272 | 180 SF | Negotiable | $62.82 CAD/SF/YR $5.23 CAD/SF/MO $11,307 CAD/YR $942.25 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 102
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Central Air Conditioning
1st Floor, Ste 108
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Central Air Conditioning
1st Floor, Ste 140
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste 150
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste 155
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste 204
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Natural light
2nd Floor, Ste 210
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Natural light
2nd Floor, Ste 212
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
2nd Floor, Ste 214
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Natural light
2nd Floor, Ste 272
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Natural light
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 | 4,225 SF | Gross Leasable Area | 78,618 SF |
| Property Type | Retail | Year Built/Renovated | 1954/1996 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 7/1,000 SF |
| Total Space Available | 4,225 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 78,618 SF |
| Year Built/Renovated | 1954/1996 |
| Parking Ratio | 7/1,000 SF |
ABOUT THE PROPERTY
The Forge is a stunning redevelopment of downtown Salem’s former Liberty Plaza building. This three-story plus basement structure is undergoing a vibrant transformation. The first floor boasts roll-up door access for indoor/outdoor seating, with ongoing talks to bring in craft ice cream, dumplings, matcha/boba tea, wine tastings, and more. The second floor hosts a women’s collective with 24 wellness and beauty suites alongside Clink!, a chic French-American bistro, and Salem’s finest women’s restroom. Suites are filling fast—don’t miss your chance to join The Forge!
- Bus Line
- Food Court
- Pylon Sign
- Signage
- Signalized Intersection
- Enclosed Mall
NEARBY MAJOR RETAILERS
Presented by
the FORGE | 285 Liberty St
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