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Bonaventure Building 3220 State St 20,359 SF 100% Leased Office Building Salem, OR 97301 $5,741,610 CAD ($282.02 CAD/SF) 7.34% Cap Rate

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Investment Highlights

  • 100% Occupied
  • Attractive investment opportunity
  • Great condition/location/parking

Executive Summary

Introducing an exceptional fully-leased investment opportunity in Salem, Oregon. This impressive 20,359 SF office building, constructed in 2005, offers a prime location and a great anchor tenant in DCP Connections. The building features ample parking and meticulous upkeep. This property is perfectly positioned for ongoing success. Don't miss out on the chance to add a fully leased, high-quality asset to your portfolio in a convenient and sought-after location.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $687,040 $33.75
Taxes $78,373 $3.85
Operating Expenses - -
Total Expenses $78,373 $3.85
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $687,040
Annual Per SF $33.75
Taxes (CAD)
Annual $78,373
Annual Per SF $3.85
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $78,373
Annual Per SF $3.85
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
20,359 SF
Building Class
A
Year Built
2005
Price
$5,741,610 CAD
Price Per SF
$282.02 CAD
Cap Rate
7.34%
NOI
$421,148 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,180 SF
Building FAR
0.35
Lot Size
1.34 AC
Opportunity Zone
Yes
Zoning
IC - Industrial Commercial
Parking
94 Spaces (4.62 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • 3,156 SF
  • -
  • Sep 2029

Amedisys, founded in 1982, is a leading provider of home-based healthcare services headquartered in Baton Rouge, Louisiana. The company delivers a range of services, including skilled nursing, physical and occupational therapy, speech-language pathology, medical social work, and hospice care. Amedisys operates across multiple states, serving patients in their homes to promote recovery and quality of life. Over the years, the company has expanded through strategic acquisitions, including Beacon Hospice and TLC Health Care Services, strengthening its position in the home health and hospice markets. In 2023, Amedisys was acquired by Option Care Health, further integrating its services into a broader healthcare network. The company remains focused on delivering personalized care plans and collaborating with healthcare providers to ensure continuity of care for patients.

  • DSP Connections
  • Health Care and Social Assistance
  • 16,268 SF
  • -
  • Aug 2028
Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance 3,156 SF - Sep 2029
DSP Connections Health Care and Social Assistance 16,268 SF - Aug 2028
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
582461
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$4,093,719 CAD (2025)
Annual Taxes
$78,373 CAD ($3.85 CAD/SF)
Tax Year
2024
  • Listing ID: 36304702

  • Date on Market: 2025-06-18

  • Last Updated:

  • Address: 3220 State St, Salem, OR 97301

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