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4093 Commercial St SE 1,243 SF of Retail Space Available in Salem, OR 97302
HIGHLIGHTS
- One space available; 1,243 SF
- ADT 31,000
- Asking rate $28/SF/YR NNN
- Open concept ready for your plans
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 150 | 1,243 SF | 5 Years | $39.09 CAD/SF/YR $3.26 CAD/SF/MO $48,584 CAD/YR $4,049 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 150
Open ceiling concept retail space with an office, single ADA restroom and a storage room with a spot for a washer dryer hookup. This space was formerly a nail salon and was recently converted to light restaurant use (no hood). Nail salon plumbing infrastructure is still in place.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
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 | 1,243 SF | Gross Leasable Area | 11,775 SF |
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Freestanding | Parking Ratio | 4.5/1,000 SF |
| Total Space Available | 1,243 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 11,775 SF |
| Year Built | 1968 |
| Parking Ratio | 4.5/1,000 SF |
ABOUT THE PROPERTY
New lease opportunity at Winding Way Court. Perfect size for a number of retail or professional office businesses. Great signage and parking. Located mid-way between Fred Meyer and Trader Joes along heavily trafficked Commercial Street SE, Winding Way Court is a higher-end retail strip center with a vibrant tenant mix.
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
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4093 Commercial St SE
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