Search
Professional Office Space for Lease
For Lease
$21 SF/Yr

1201 Court St NE, Salem, OR 97301

Office suite available near Oregon's Capitol Building.

Space Size4,120 SF
Property Size40,436 SF
Days on Market212

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
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 #910200259
Source: Capacitycommercial
Added: Mar 26 Changed: Oct 7 Last Checked: Oct 20 at 5:10PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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 is currently configured with large, open work areas, a reception area, 10 perimeter offices, and a conference/training room. Leases are structured as full service less janitorial in 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 users of the building include the Oregon School Boards Association and the League of Oregon Cities. The unit can potentially be demised down to 1,358 square feet.

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Pet Grooming Service Locksmith Plumbing Service

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salem, OR

$26.55 /SF/Yr
Avg Asking Price
$15–$51.76 /SF/Yr
Price Range
8,725 SF
Avg Space Size

This space is priced 21% below the average of $26.55 /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

Frequently Asked Questions

What type of property is this?
Office unit - Office suite available near Oregon's Capitol Building.
Where is this office unit 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: Prime location adjacent to Oregon's Capital Mall and close to Oregon's Capitol Building.; Full‑service lease structure (less janitorial).; Existing configuration includes open work areas, reception, **10 offices**, and a **conference/training room**.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved