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Build-to-Suit Office Building
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863 Hawthorne Ave NE, Salem, OR 97301

Planned general office development with a build-to-suit configuration and proposed parking for both sites.

Space Size24,000 SF
Days on Market66

Property Features for 863 Hawthorne Ave NE

General Information

Standard status Active
Size 24,000 SF
Net Rentable 24,000 SF
Total Parking Spaces 200
Property subtype OFFICE

Space & Availability

Available Space 24,000 SF
Contiguous Space 24,000 SF
Space Use Office
Condition Built-to-Suit

Building Details

Building Size 24,000 SF

Spaces For Lease

at 863 Hawthorne Ave NE
863 Hawthorne Ave NE AVAILABLE, Now
Floor Bldg
Size 24,000 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Unique opportunity for a build-to-suit with the Oregon State Treasury as your neighbor. Construction of a high-end, unique build-to-suit ±24,000 SF general office building available soon on the 800th block of Hawthorne Ave SE, with 200 proposed parking spaces on the development to serve both sites.
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Listing Agency: Coldwell Banker Commercial - Mountain West | Salem
Listed By: Alex Rhoten · License #841000042
Source: Moodyscre
Added: Jul 31 Changed: Sep 14 Last Checked: Oct 4 at 11:34AM

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 Coldwell Banker Commercial - Mountain West | Salem

Investment Insights

Based on property information with market context.

A build-to-suit opportunity is planned for a high-end general office building measuring approximately ±24,000 SF. The proposed development includes 200 parking spaces intended to serve both the new office building and the neighboring Oregon State Treasury property.

The project is positioned for an office user seeking a purpose-built facility rather than existing space. Construction is described as becoming available soon, with the planned parking and adjacent Treasury presence forming the key identified components of the development.

Key Highlights

  • ±24,000 SF proposed general office building
  • Build‑to‑suit development with high‑end construction planned
  • 200 proposed parking spaces serving both sites

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Locksmith Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

1,326
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salem, OR

$22 /SF/Yr
Avg Asking Price
$16–$27 /SF/Yr
Price Range
17,995 SF
Avg Space Size

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 building - Planned general office development with a build-to-suit configuration and proposed parking for both sites.
Where is this office building located?
The property is located at 863 Hawthorne Ave NE Salem, OR.
What are key features of this property?
This property features: ±24,000 SF proposed general office building; Build‑to‑suit development with high‑end construction planned; 200 proposed parking spaces serving both sites
(503) 587-4777 Call to check price and availability
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