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Professional Office Space Available
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1255 Lee St SE, Salem, OR 97302

First floor office space with executive and private offices.

Space Size3,278 SF - 8,018 SF
Property Size23,729 SF
Days on Market862

Property Features for 1255 Lee St SE

General Information

Standard status Active
Size 3,278 SF - 8,018 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 23,729 SF
Year Built 2005
Tenancy Multiple

Spaces For Lease

at 1255 Lee St SE Contact us

Suite 110

Size
3,278 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 210

Size
8,018 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: First Commercial Real Estate Services
Listed By: Tanner Morgan · License #201247465
Source: Crexi
Added: Apr 27, 2024 Changed: Sep 2 Last Checked: Sep 2 at 6:32PM

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 Services

Investment Insights

Based on property information with market context.

This is a first-floor professional office space situated at the corner of 12th and Lee Street. The space features high ceilings and a configuration suitable for various professional office uses. It includes three executive offices and five private offices, along with an open workspace and a break room. Shared restrooms are available. The main entrance leads into a large common lobby and waiting area. Private restrooms are shared with a neighboring tenant.

Key Highlights

  • First floor professional office space at the corner of 12th and Lee Street.
  • Configuration suitable for numerous professional office users.
  • Features three executive offices and five private offices.

Property Analytics

Current Use

Oregon Home Team ... Real Estate Agency Merrill Lynch Financial ... Financial Advisor Merrill Lynch Wealth ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Storage Facility Electrical Service Auto Parts Store Furniture & Home Goods

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,302
Businesses Nearby

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

Lease Benchmarks for Salem, OR

$20.3 /SF/Yr
Avg Asking Price
$9–$27 /SF/Yr
Price Range
8,411 SF
Avg Space Size

This space is priced 48% above the average of $20.3 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - First floor office space with executive and private offices.
Where is this office units located?
The property is located at 1255 Lee St SE Salem, OR.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: First floor professional office space at the corner of 12th and Lee Street.; Configuration suitable for numerous professional office users.; Features **three executive offices and five private offices**.
(503) 364-7400 Call to check price and availability
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