Capitol Tower Office Space
For Lease
Contact for pricing
388 State St, Salem, OR 97301
Office spaces for rent in iconic Capitol Tower building.
Space Size252 SF - 2,643 SF
Property Size51,751 SF
Days on Market1648
Property Features for 388 State St
General Information
Standard status
Active
Size
252 SF - 2,643 SF
Class
B
Property subtype
Office
Lease Type
Full Service
Building Details
Building Size
51,751 SF
Year Built
1926
Tenancy
Multiple
Spaces For Lease
at 388 State St Contact us- Size
- 2,643 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
11th Floor | 11th Floor
- Size
- 530 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
4th Floor | Suite 470
- Size
- 252 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
8th Floor | Suite 810
- Size
- 1,175 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
9th Floor | Suite 975
Listing Agency:
First Commercial Real Estate Services
Listed By:
Ruth Dana · License #OR 900300123
(503) 364-7400
Source:
Crexi
Added: Mar 2, 2022
Changed: Sep 4
Last Checked: Sep 4 at 8:28AM
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.
Located at the corner of State and Liberty, the Capitol Tower offers multiple options to locate your business. This building has undergone significant capital improvements and upgrades. It features direct skybridge access from Liberty Parkade. A shared conference room is available for tenants to use for two hours per month at no additional charge, with the option to book it for a reasonable hourly rate beyond that. Common area amenities include a shared break room with vending machines and a mail station.
Key Highlights
- Iconic building at the corner of State and Liberty.
- Direct skybridge access from Liberty Parkade.
- Significant capital improvements and upgrades.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,289
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office spaces for rent in iconic Capitol Tower building.
Where is this office building located?
The property is located at 388 State St Salem, OR.
What is the lease rate?
The lease rate is $26.64 SF/Yr.
What are key features of this property?
This property features: Iconic building at the corner of State and Liberty.; Direct skybridge access from Liberty Parkade.; Significant capital improvements and upgrades.
