945 Alder Dr N 1,300 SF of Flex Space Available in Salem, OR 97303

1. Base rent $1.00/ SF, 1,300 sf x $1.00 = $1,300 monthly rent 2. We can offer either 3 years / 5 years lease terms with renewal option: For 3 year terms will be 3% increases annually; For 5 years terms will be the first 2 year keep in same rent and the third year will be starting increases 3% annually until lease ends 3. Lease structure will be additional Triple Net (NNN) 4. NNN charge is $0.50/ SF x 1300= $650 per month ( that is included CAM, property tax, insurance, natural gas, water utilities and landscaping maintenance) but not including electric utilities and trash disposal services, tenants will need to respond under their own name 5. Landscaping maintenance services will be included on the NNN. 6. 3% increase annually to the base rent 7. Allow any type of business to move in but not Cannabis business and Massage Therapy business 8. Security deposit $2,000 9. Tenants need to keep interior space clean and responsible for interior maintenance and repairs, landlord will not response for interior space repair work, only responsible for exterior repair and maintenance work and water heater repair