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New Industrial Flex Space Available
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1885 22nd St SE, Salem, OR

Light industrial space with flexible options for lease.

Space Size84,000 SF
Lot Size11.29 Acres
Days on Market1078

Property Features for 1885 22nd St SE

General Information

Standard status Active
Size 84,000 SF
Lot size 11.29 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Site & Location

Neighborhood Southeast Salem Neighborhood Association (Sesna)

Spaces For Lease

at 1885 22nd St SE
22nd St Industrial Park $1.15/SF/Mo
Floor 1
Size 84,000 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Completion
Sublease No
General Industrial Zone • 1750 - 7,000 Sf • 20’ Eve Height • Clear Span • Fire Suppression • Esfr Capable • Common Use Dock • Yard Availabe @ $.10/ Sf • 2 Miles To I–5 & Hwy 22 • Op–Ex. Estimated $.235/ Sf • Above The Flood Plane
Contact us
Listing Agency: NLC Commercial Real Estate
Listed By: Ian Levin · License #200510306
Source: Moodyscre
Added: Nov 16, 2023 Changed: Oct 25 Last Checked: Oct 28 at 11:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NLC Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This property offers light industrial space, blending capacity with options. Phase 1 of the development is on track for delivery in early Q4 of 2023, with Phase 2 delivering in Q2 of 2024. The smallest demisable footprint will be 1,750 square feet, ranging up to 14,000 square feet for an entire building. Certain buildings will include dock-high loading with common access for use by tenants needing large truck deliveries. The building space will have an eve height of 20 feet and clear-span roof framing for open floor space. All buildings will have fire suppression and 3-phase power. Each demised unit will have its own entrance, overhead door, separate power, a small office, and a restroom. The property's total size is 84,000 square feet.

Key Highlights

  • Flexible space options: Units range from 1750 sf to 14,000 sf.
  • Dock high loading available in certain buildings with common access.
  • Clear span roof framing provides open floor space with a 20’ eve height.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Pharmacy Nail Salon Grocery & Convenience Store Restaurant (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,187
Businesses Nearby
Well-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Simply Plated Catering — 2980 19th St SE, Salem, OR 97302
  • Oregon Beverage Services — 2713 19th St SE, Salem, OR 97302
  • Dynasys Inc — 1825 12th St SE, Salem, OR 97302

Frequently Asked Questions

What type of property is this?
Flex space - Light industrial space with flexible options for lease.
Where is this flex space located?
The property is located at 1885 22nd St SE Salem, OR.
What are key features of this property?
This property features: Flexible space options: Units range from 1750 sf to 14,000 sf.; Dock high loading available in certain buildings with common access.; Clear span roof framing provides open floor space with a 20’ eve height.
(503) 383-8173 Call to check price and availability
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