Class A Office Space
For Lease
$25.80 SF/Yr
777 Commercial Street SE, Salem, OR 97301
Prime Salem location with high-end office space for rent.
Space Size3,016 SF
Property Size52,000 SF
Days on Market206
Property Features for 777 Commercial Street SE
General Information
Standard status
Active
Size
3,016 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
52,000 SF
Year Built
2009
Spaces For Lease
at 777 Commercial Street SE Contact us- Size
- 3,016 SF
- Type
- Office Building
- Term
- Negotiable
Suite 20 $25.80/SF/Yr
Listing Agency:
Capacity Commercial Group
(503) 932-1969
Listed By:
Toran Schmidgall · License #201230204
(503) 932-1969
Source:
Corfac
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 20 at 5:44AM
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.
Located at 777 Commercial Street SE, The Meridian is a Class A building offering a lease opportunity. One suite remains available, comprising 3,016 square feet. The property includes dedicated parking, along with street parking. Co-tenants include Cascade Cardiology, First American Title, and Eric John Photography. The building also houses over 85 luxury condos. The Meridian is positioned in Salem, near dining, boutique shops, and cultural attractions. The Oregon State Capitol, Bush's Pasture Park, Willamette University, and Salem Hospital are nearby. The location experiences high traffic and benefits from historically strong demographics, making it suitable for office and retail use.
Key Highlights
- Prime Class A building in the heart of Salem with high traffic and strong demographics.
- Motivated ownership is ready to make deals on the last available 3,016 SF suite.
- Prestigious co‑tenants include Cascade Cardiology, First American Title, and Eric John Photography.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.87 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,200
Businesses Nearby
Explore this area
Business Placement
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 1% below the average of $25.98 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Prime Salem location with high-end office space for rent.
Where is this office units located?
The property is located at 777 Commercial Street SE Salem, OR.
What is the lease rate?
The lease rate is $25.80 SF/Yr.
What are key features of this property?
This property features: Prime Class A building in the heart of Salem with high traffic and strong demographics.; Motivated ownership is ready to make deals on the last available 3,016 SF suite.; Prestigious co‑tenants include Cascade Cardiology, First American Title, and Eric John Photography.
