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Salem Office Space For Rent
For Lease
$21 SF/Yr

4600 25th Avenue NE, Salem, OR 97301

Office suites available in Salem, Oregon with I-5 visibility.

Space Size5,390 SF - 48,857 SF
Property Size233,358 SF
Days on Market206

Property Features for 4600 25th Avenue NE

General Information

Standard status Active
Size 5,390 SF - 48,857 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 233,358 SF

Spaces For Lease

at 4600 25th Avenue NE Contact us

161 $21/SF/Yr

Size
13,827 SF
Type
Office Building
Term
Negotiable
Contact us

180 $21/SF/Yr

Size
48,857 SF
Type
Office Building
Term
Negotiable
Contact us

177 $21/SF/Yr

Size
5,390 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 4:45AM

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.

Originally built in 1957 and expanded in 1986, this single-level building, formerly the NW Regional Center for State Farm Mutual Insurance, offers office suites for rent. The property underwent a multi-million dollar base building upgrade in 2005, which included a new great room, interior corridors, skylights, and HVAC upgrades. Suites of approximately 5,390, 13,827, and 48,857 square feet are available. The property is professionally managed by full-time, on-site building engineers. Located in Salem, Oregon's second-largest city, just 43 miles south of Portland, the property features significant frontage along I-5, Oregon's most traveled route. This high visibility is beneficial for corporations seeking locations in Oregon. The location offers ample parking. Salem provides a high quality of life and an educated workforce. Rents start from $21.00 per square foot, full service. Tenant improvement packages are available for qualified users.

Key Highlights

  • Prominent I‑5 frontage offers high visibility, ideal for corporations.
  • Suites available in various sizes (5,390, 13,827, and 48,857 SF) provide flexible options.
  • Full‑service lease starting at $1.75/SF includes professional on‑site management and building engineers.

Property Analytics

Current Use

Office of Administrative Hearing State Government Office George Fox University: ... College Salem Center University Oregon Employer Services ... Association / Organization Cafe at CCBC Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy HVAC Service Kitchen & Bath Showroom

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

397
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 suites available in Salem, Oregon with I-5 visibility.
Where is this office units located?
The property is located at 4600 25th Avenue 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: Prominent I‑5 frontage offers **high visibility**, ideal for corporations.; Suites available in various sizes (5,390, 13,827, and 48,857 SF) provide **flexible options**.; Full‑service lease starting at $1.75/SF includes professional on‑site management and building engineers.
More about this property
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