RE Building - 1025 2nd St NW

Salem, OR 97304

• NNN Property
• Office for Sale
• $6,256,379 CAD
• 9,822 SF

• Air Conditioning
• Fitness Center
• Wheelchair Accessible

Salem Office for Sale - Polk County

The Offering presents the opportunity to acquire a stabilized healthcare investment in the affluent and growing West Salem market. Delivered in 2019 by CBTWO Architects, the RE Building was constructed to a top-of-the-line finish, which includes photovoltaic (PV) panels that lower energy consumption and increase operational efficiencies for tenants. The RE Building benefits from its strategic positioning to Oregon Route 22, which connects West Salem to downtown Salem. Additionally, the Property is a 5-minute drive from the Salem Hospital, which recently completed a 200,000+ SF & 150 ICU bed expansion totaling $245M. The RE Building is 98% leased with a WALT of 5.42 years (as of 11/1/26). All tenants have annual rent increases, with the anchor tenant (87% of GLA) operating under a true NNN lease, providing a hedge to increasing inflation. Salem’s medical office vacancy rate of 3.4% further strengthens the investment’s long-term stability. The Property is anchored by Therapy Partners Group, who operates 140+ practice locations throughout 7 U.S. states. Their state-of-the-art buildout includes two professional-grade underwater treadmills and a full indoor track, which are utilized by Division 1 collegiate programs and other major sports teams. The tenant recently executed an early lease extension through September 2032, highlighting their long-term commitment to the RE Building.

Contact:

Northmarq

Property Subtype:

Medical

Date on Market:

2026-06-30

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Dollar General - 415 E Douglas Ave NE

Gervais, OR 97026

• NNN Property
• Retail for Sale
• $2,920,615 CAD
• 9,100 SF

Gervais Retail for Sale - Marion County

Free Standing Single Tenant NNN Lease Dollar General Sale Price: $2,058,685 CAP Rate: 7.00% NOI: $144,108 Size: 9,100 SF | 2.91 AC Lot Parking: 30 Stalls Built: 2017 Tenant: Dollar General

Contact:

Capacity Commercial Group LLC

Property Subtype:

Freestanding

Date on Market:

2026-05-28

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5503 Commercial St SE

Salem, OR 97306

• NNN Property
• Retail for Sale
• $3,664,972 CAD
• 2,333 SF

Salem Retail for Sale - Marion County

Surmount is pleased to present the exclusive listing for a Popeyes located at 5503 Commercial Street Southeast, Salem, OR 973 06. The site consists of roughly 2,333 rentable square feet of building space on an estimated 1-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 6/1/2023. The current annual rent is $155,002 and has scheduled increases of 1.75% Annually Starting in June 2029.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2026-04-08

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OC Creative office and Retail Building - 502 7th St

Oregon City, OR 97045

• NNN Property
• Retail for Sale
• $6,951,532 CAD
• 17,900 SF

Oregon City Retail for Sale

High quality investment property in the strong and growing Oregon City market. Fully redeveloped building including Structural Steel, New elevator, fully fire sprinklered, New HVAC, plumbing, and electrical, Storefronts, architectural skylights, and Membrane roof. The property consists of 2 tax lots with an approximately 17,900 SF building and a leased parking lot. 8% Cap Rate with most leases being NNN Great opportunity for an investor looking for a well maintained trophy asset with a great return.

Contact:

Windermere Community Commercial Realty

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-11-03

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5100 River Rd N

Salem, OR 97303

• NNN Property
• Office for Sale
• $2,661,862 CAD
• 4,091 SF

• Security System
• 24 Hour Access
• Wheelchair Accessible

Salem Office for Sale - Marion County

With a 6.5% cap rate, this leased medical investment is leased by Salem Health through December 31, 2030 with lease renewal options. Built in 1996, the property has been well maintained with continual improvement by Landlord and Tenant. DO NOT DISTURB Tenant or patients. Strategically located on River Rd N, this medical facility is central to the Keizer Business District and offers convenient access from Interstate 5, nearby public transit and sits among local and national retailers.

Contact:

Hancock Real Estate

Property Subtype:

Medical

Date on Market:

2025-09-30

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398 Lancaster Dr NE

Salem, OR 97301

• NNN Property
• Retail for Sale
• $2,288,331 CAD
• 2,406 SF

Salem Retail for Sale - Marion County

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 398 Lancaster Dr NE, a 2,409 SF single tenant absolute NNN Dairy Queen on a long-term lease situated on 0.54 acres (23,522 SF) positioned on a corner along Lancaster Dr NE less than 0.5 miles from the Willamette Town Center in heart of Salem, OR.

Contact:

The Brandon Michaels Group

Property Subtype:

Fast Food

Date on Market:

2025-09-29

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Building C - 11501 SW Amu St

Tualatin, OR 97062

• NNN Property
• Industrial for Sale
• $28,231,731 CAD
• 73,000 SF

Tualatin Industrial for Sale

This outstanding and fully leased flex/industrial building is located in the Hedges Creek Business Park in the heart of Tualatin, Oregon. It is next to La Industria Restaurant, a thriving local eatery. Perlo Construction, the metro area's signature industrial contractor, constructed the building and is its immediate neighbor. The surrounding area is the recipient of the bulk of the region's transportation infrastructure spending. A new north-south bypass was just completed, to which this property enjoys immediate access. SW Tualatin-Sherwood Road, the connection to Interstate 5, is undergoing major improvements, including additional lanes, bike paths, and improved signalization. The Hedges Creek Business Park has a fully signalized intersection (SW Tualatin-Sherwood Road & 112th Avenue), complete with dedicated turn lanes for easy ingress and egress to SW Tualatin-Sherwood Road. Tualatin is the Portland Metro area's largest industrial/commercial submarket. It has become a "mature" market with little to no available land for new development. It has exploded in the last two years with businesses fleeing Multnomah County and the City of Portland. Tualatin is part of the South I-5 corridor market. Its neighboring cities are the economic engine of Washington County, the fastest-growing county in the state and the second largest in terms of employment. Major employers in the county include Intel, Columbia Sportswear, Nike, and Lam Research.

Contact:

Macadam Forbes, Inc.

Property Subtype:

Manufacturing

Date on Market:

2025-07-10

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4735 Turner Rd SE

Salem, OR 97317

• NNN Property
• Industrial for Sale
• $7,086,306 CAD
• 27,000 SF

Salem Industrial for Sale - Marion County

In 2006 Sequential Pacific Biodiesel invested $15 million in construction of a state-of-the-art Biofuel Plant. The plant was the first commercial Biodiesel plant in the Pacific Northwest. In 2024 Sequential merged with Mahoney Environmental and became a division of Neste. In addition to the Biofuel Plant, Mahoney Environmental also operates their fuel truck yard, maintenance warehouse, and shop at this location.

Contact:

Kidder Mathews

Property Subtype:

Distribution

Date on Market:

2025-06-17

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