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Airport Warehouse with Ground Lease
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Pending

2900 25th St, Salem, OR 97302

Warehouse positioned at Salem Municipal Airport with an existing ground-lease structure and long-term occupancy.

Property Size20,250 SF
Days on Market144

Property Features for 2900 25th St

General Information

Standard status Pending
Size 20,250 SF
Property subtype Industrial

Additional Details

Warehouse Space 20,250 SF

Building Details

Building Size 20,250 SF
Listing Agency: Capacity Commercial Group
Listed By: George Grabenhorst · License #870500042
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:45PM

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.

This 20,250-square-foot warehouse is located at Salem Municipal Airport and operates under a ground lease with the City of Salem through 2026. The lease includes a 10-year renewal option.

The property has been occupied by its current national tenant for more than 20 years. That tenant is currently pursuing an additional five-year renewal, providing a defined lease-status consideration for the next owner.

Key Highlights

  • 20,250‑square‑foot warehouse at Salem Municipal Airport
  • Ground lease with the City of Salem through 2026
  • 10‑year renewal option included in the ground lease

Property Analytics

Current Use

FedEx Ship Center Courier Service

Suggested Use

Top Pick Hair Salon Law Firm (Bike/Boat/Book/etc) Store Nail Salon Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

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  • Salem Distribution Center 2711 19th St SE, Salem, OR 97302

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse positioned at Salem Municipal Airport with an existing ground-lease structure and long-term occupancy.
Where is this warehouse located?
The property is located at 2900 25th St Salem, OR.
What are key features of this property?
This property features: 20,250‑square‑foot warehouse at Salem Municipal Airport; Ground lease with the City of Salem through 2026; 10‑year renewal option included in the ground lease
(503) 588-7395 Call to check price and availability
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