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Office Suites with Skybridge Access
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388 State St, Salem, OR 97301

Office space in the Capitol Tower offers direct skybridge access and shared conference, break room, and mail room amenities.

Space Size252 SF
Days on Market216

Property Features for 388 State St

General Information

Standard status Active
Size 252 SF
Property subtype OFFICE
Lease Type Full Service

Amenities

shared conference room
shared break room
mail station

Spaces For Lease

at 388 State St Contact us

Capitol Tower $560/Mo

Floor
8
Size
252 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: Jan 9 Changed: Aug 8 Last Checked: Aug 12 at 9:35AM

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 in the Capitol Tower provide direct skybridge access from the Liberty Parkade. The building is located at the corner of State and Liberty and has undergone significant capital improvements and upgrades.

Tenants have access to a shared conference room, which can be used for two hours per month at no additional charge, with additional booking available for a reasonable hourly rate. Common areas also include a shared break room with vending machines and a mail station, supporting day-to-day office operations.

Key Highlights

  • Office space in the Capitol Tower at the corner of State and Liberty with direct skybridge access from Liberty Parkade
  • Building has undergone significant capital improvements and upgrades
  • Shared conference room for tenant use: 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

NNN (Triple Net)
Lease Type
$4.00 /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 3% 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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Frequently Asked Questions

What type of property is this?
Office units - Office space in the Capitol Tower offers direct skybridge access and shared conference, break room, and mail room amenities.
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 $560/Mo.
What are key features of this property?
This property features: Office space in the Capitol Tower at the corner of State and Liberty with direct skybridge access from Liberty Parkade; Building has undergone significant capital improvements and upgrades; Shared conference room for tenant use: 2 hours per month at no additional charge
(503) 364-7400 Call to check price and availability
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