Office/Retail Suite with
For Lease
$23,400 SF/Yr
5060 Commercial St SE, Salem, OR 97306
Office/retail space includes a private restroom and kitchenette; owner covers select operating expenses.
Days on Market930
Property Features for 5060 Commercial St SE
General Information
Standard status
Active
Lease Type
/mo
Amenities
private restroom
kitchenette area
Building Details
Building Size
360 SF
Listing Agency:
Smi Real Estate
(503) 884-1273
Listed By:
Elesa Doll · License #200708163
(503) 884-1273
Source:
Allprofessionalsre
Added: Jan 15, 2024
Changed: Jul 27
Last Checked: Aug 2 at 12:50PM
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 Smi Real Estate
Investment Insights
Based on property information with market context.
This office/retail type space is currently set up for an office, offering a private restroom and a kitchenette area. It is designed to support both day-to-day office functions and light retail-style needs within the same suite.
The property is described as having strong visibility and traffic counts, making it suitable for businesses that benefit from walk-in and drive-by exposure.
Rent structure details provided include owner responsibility for real property taxes, fire insurance, and water/sewer/trash. The tenant is responsible for electric, phone, internet, interior janitorial, and interior maintenance.
The property is described as having strong visibility and traffic counts, making it suitable for businesses that benefit from walk-in and drive-by exposure.
Rent structure details provided include owner responsibility for real property taxes, fire insurance, and water/sewer/trash. The tenant is responsible for electric, phone, internet, interior janitorial, and interior maintenance.
Key Highlights
- Office/retail space currently set up for an office use
- Includes a private restroom and kitchenette area
- Owner pays real property taxes, fire insurance, and water/sewer/trash
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3,510.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 97306, OR
34,715
Population
14,151
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
1,071
Density / Sq Mi
$89,773
Median Household Income
$50,931
Median Earnings
$1,455
Median Rent
$438,900
Median Home Value
Market
Lease Benchmarks for Salem, OR
$23.72 /SF/Yr
Avg Asking Price
$8.88–$54.55 /SF/Yr
Price Range
41,926 SF
Avg Space Size
This space is priced 98567% above the average of $23.72 /SF/Yr.
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Office/retail space includes a private restroom and kitchenette; owner covers select operating expenses.
Where is this office units located?
The property is located at 5060 Commercial St SE Salem, OR.
What is the lease rate?
The lease rate is $23,400.
What are key features of this property?
This property features: Office/retail space currently set up for an office use; Includes a private restroom and kitchenette area; Owner pays real property taxes, fire insurance, and water/sewer/trash
