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Professional Office Space Near Capitol
For Lease
$21 SF/Yr

1201 Court St NE, Salem, OR 97301

Office suite available in professional center near Oregon's Capitol Building.

Space Size4,120 SF
Property Size40,436 SF
Days on Market206

Property Features for 1201 Court St NE

General Information

Standard status Active
Size 4,120 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 40,436 SF

Spaces For Lease

at 1201 Court St NE Contact us

1201 Court St NE $21/SF/Yr

Size
4,120 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Curt Arthur, SIOR · License #201230204
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 20 at 5:25AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

Suite 300, located on the third floor of the Local Government Center, is available for lease. The suite occupies the northern half of the building and features large, open work areas, a reception area, 10 perimeter offices, and a conference/training room. Leases are structured as full service less janitorial within the suite. The Local Government Center is a privately held professional center intentionally located adjacent to Oregon's Capital Mall and in close proximity to Oregon's Capitol Building. Significant employers and service providers in the area include Salem Health, Willamette University, and various state agencies. Other tenants in the building include the Oregon School Boards Association and the League of Oregon Cities. The unit, with a total property size of 40436 square feet, can potentially be demised down to 1,358 square feet.

Key Highlights

  • Proximity to Oregon's Capitol Building and Capital Mall.
  • Full service lease structure (less janitorial).
  • Existing configuration includes open work areas, reception, 10 offices, and a conference/training room.

Property Analytics

Current Use

SemaConnect Charging Station Electric Vehicle Charging Station Oregon Mayors Association Association / Organization Oregon School Boards ... Association / Organization Local Government Center Government Office Association of Oregon Counties Association Or Organization

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Pet Grooming Service Locksmith

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,925
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Lease Benchmarks for Salem, OR

$25.98 /SF/Yr
Avg Asking Price
$16.2–$54.55 /SF/Yr
Price Range
8,855 SF
Avg Space Size

This space is priced 19% below the average of $25.98 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suite available in professional center near Oregon's Capitol Building.
Where is this office units located?
The property is located at 1201 Court St NE Salem, OR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Proximity to Oregon's Capitol Building and Capital Mall.; Full service lease structure (less janitorial).; Existing configuration includes open work areas, reception, **10 offices**, and a conference/training room.
More about this property
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