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Office Suite with Skybridge Access
For Lease
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388 State St, Salem, OR 97301

Office space in a Capitol Tower location with direct skybridge access from Liberty Parkade.

Space Size406 SF
Days on Market32

Property Features for 388 State St

General Information

Standard status Active
Size 406 SF
Property subtype OFFICE
Lease Type Full Service

Amenities

shared conference room
shared break room
vending machines
mail station
skybridge access

Building Details

Tenancy Multi

Spaces For Lease

at 388 State St Contact us

Capitol Tower $1,075/Mo

Floor
3
Size
406 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Multiple options exist to locate your business in the Capitol Tower. Located at...
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Listing Agency: First Commercial Real Estate
Listed By: Jennifer Martin · License #900300123
Source: Moodyscre
Added: Jul 13 Changed: Aug 8 Last Checked: Aug 12 at 10:25AM

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 First Commercial Real Estate

Investment Insights

Based on property information with market context.

Office suites available within Capitol Tower, located at the corner of State and Liberty in Salem. The building includes direct skybridge access from Liberty Parkade for convenient arrival and tenant connectivity.

The landlord has completed significant capital improvements and upgrades. Common area amenities include a shared break room with vending machines and a mail station.

Tenants also have access to a shared conference room, with two hours per month provided at no additional charge, and additional time bookable for an hourly rate.

Key Highlights

  • Office space in Capitol Tower at the corner of State and Liberty with direct skybridge access from Liberty Parkade
  • Capital improvements and upgrades have been completed in the building
  • Shared conference room available for tenants: 2 hours per month at no additional charge

Property Analytics

Current Use

Kim Chichester | Sensible ... Loan Service fresh elements farms Big Box & Wholesale Store Renew Vitality Testosterone ... Physician Joel M Suckow, ... Physician Kerry Moyer, MA ... Counselor

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Locksmith

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.77 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,289
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
8,864 SF
Avg Space Size

This space is priced 22% above 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a Capitol Tower location with direct skybridge access from Liberty Parkade.
Where is this office units located?
The property is located at 388 State St Salem, OR.
What is the lease rate?
The lease rate is $1,075/Mo.
What are key features of this property?
This property features: Office space in Capitol Tower at the corner of State and Liberty with direct skybridge access from Liberty Parkade; Capital improvements and upgrades have been completed in the building; Shared conference room available for tenants: 2 hours per month at no additional charge
(503) 364-7400 Call to check price and availability
More about this property
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