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4500 Commercial St SE 7,938 - 30,714 SF of Retail Space Available in Salem, OR 97302
HIGHLIGHTS
- High Traffic Area
- Neighboring National Tenants
- Demisable Space
- Prime South Salem Location
- Large Parking Area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,938-30,714 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Discover an unparalleled leasing opportunity at this prime location in South Salem, next to ULTA Beauty, TRADER JOE'S and PETCO. This premier retail property offers an ideal space for businesses seeking a vibrant and accessible setting to thrive. With its modern design, versatile layout, and state-of-the-art amenities, the property provides the perfect canvas for vision. The space also offers a smaller demised option around 8,000 SF. Ample parking, high visibility, and easy access enhance the convenience for employees and visitors. Elevate your business at this top-tier leasing destination. Contact Listing Brokers for Pricing.
- Lease rate does not include utilities, property expenses or building services
- High Traffic Area
- Prime South Salem Location
- Neighboring National Tenants
- Large Parking Area
- Demisable to 7938 SF
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 | 30,714 SF | Property Subtype | Freestanding |
| Min. Divisible | 7,938 SF | Gross Leasable Area | 30,714 SF |
| Property Type | Retail | Year Built | 1984 |
| Total Space Available | 30,714 SF |
| Min. Divisible | 7,938 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 30,714 SF |
| Year Built | 1984 |
ABOUT THE PROPERTY
Discover an unparalleled leasing opportunity at this prime location in South Salem, next to ULTA Beauty, TRADER JOE'S and PETCO. This premier property offers an ideal space for businesses seeking a vibrant and accessible setting to thrive. This property provides the perfect canvas for your big retail, family entertainment or restaurant venue. Ample parking, high visibility, and easy access enhance the convenience for employees and visitors. Elevate your business at this top-tier leasing destination.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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4500 Commercial St SE
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