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

Office units in Capitol Tower with direct skybridge access from Liberty Parkade and shared conference room access.

Space Size845 SF
Days on Market117

Property Features for 388 State St

General Information

Standard status Active
Size 845 SF
Property subtype OFFICE
Lease Type Full Service

Amenities

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

Spaces For Lease

at 388 State St Contact us

Capitol Tower $2,164/Mo

Floor
3
Size
845 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, On Available Date
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: Apr 15 Changed: Aug 8 Last Checked: Aug 9 at 8:48AM

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 units in Capitol Tower offer tenants convenient connectivity and shared amenities. The building has undergone significant capital improvements and upgrades, and the landlord provides a shared conference room tenants can use for two hours per month at no additional charge, with additional booking available beyond that time. Tenants also have access to a shared break room with vending machines and a mail station.

The property is located at the corner of State and Liberty, with direct skybridge access from Liberty Parkade. With 845 square feet of space, it may fit a range of office operations seeking an established, amenity-supported workspace.

Common-area features are designed for day-to-day use, including meeting space and convenient break and mail facilities for occupants.

Key Highlights

  • 845 square feet of office space
  • Direct skybridge access from Liberty Parkade
  • Capitol Tower office location at the corner of State and Liberty

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
$4.61 /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

$23.72 /SF/Yr
Avg Asking Price
$8.88–$54.55 /SF/Yr
Price Range
8,656 SF
Avg Space Size

This space is priced 30% above the average of $23.72 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office units in Capitol Tower with direct skybridge access from Liberty Parkade and shared conference room access.
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 $2,164/Mo.
What are key features of this property?
This property features: 845 square feet of office space; Direct skybridge access from Liberty Parkade; Capitol Tower office location at the corner of State and Liberty
(503) 364-7400 Call to check price and availability
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