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2965 Ryan Dr SE 14,235 SF Office Building Salem, OR 97301 $4,371,759 CAD ($307.11 CAD/SF) 9% Cap Rate



Investment Highlights
- Excellent Location Near I-5
- 2 Floors & Elevator Served
- Tons of Parking
- Freestanding Building
- Restrooms + Locker Room w/ Showers
- Full Kitchen & Entertaining Breakroom
Executive Summary
Well known suburban office building available for sale. Close to the Salem Airport, I-5, and two miles to the Central Business District. This building has great curb appeal and tremendous parking. Open floor plan looks down from the second floor. Layout is a blend of private offices and open work area with a large break area with outside second floor patio.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,235 SF
Building Class
B
Year Built
1992
Price
$4,371,759 CAD
Price Per SF
$307.11 CAD
Cap Rate
9%
NOI
$393,458 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,118 SF
Building FAR
0.25
Lot Size
1.29 AC
Opportunity Zone
Yes
Zoning
CR
Parking
40 Spaces (2.81 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 528008 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $4,291,011 CAD |
Property Taxes
Parcel Number
528008
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,291,011 CAD
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2965 Ryan Dr SE
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