JUST LISTED

PROPERTY OVERVIEW:
Available for the first time in over a decade, the northern wing of the fourth floor is available for lease. This highly visible, distinguished space features sweeping views, an open floor plan, three private offices, and an impressive conference room. A convenient  kitchenette and shared restrooms complete the suite, offering the perfect balance of functionality and prestige.

SPACE AVAILABLE: 4,886 RSF
LEASE RATE: $2.00/SF/YR, FSG
ZONING: CO

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FEATURED LISTING

3515 Del Webb Avenue offers an exceptional opportunity to lease up to 30,000 square feet within a 48,327-square-foot retail/flex building situated on 2.42 acres.

The property is shared with the building owner and co-tenant, Standard Plumbing Supply, and features a primarily open floor plan ideal for flexible use configurations. A main entrance with wood-beamed ceilings and a finished showroom area create a professional first impression. The space provides 18’–20’ ceiling heights, gas pack heating, and excellent visibility to over 30,000 vehicles per day along MLK Jr. Parkway (Salem Parkway).

This well-located building is well suited for showroom, warehouse, distribution, or service-oriented users seeking high exposure and functional space.

SPACE AVAILABLE: 30,000 SF
LEASE RATE: $9.00/SF/YR
NNN ESTIMATE: $.15/SF/MO
ZONING: IG

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RECENT CLOSING

We’re thrilled to announce the successful leasing of the KŌZ on State building in downtown Salem! This retail space had been vacant for five years, and thanks to a collaborative effort between the landlord, the tenant, and the City of Salem’s Riverfront Downtown Capital Improvement Grant, we’ve transformed this long-vacant space into a vibrant new business location. We are excited to welcome Opal and Ivy, The Salon into downtown Salem.

What makes this unique is the timely renewal of the capital improvement grant. Initially utilized when the building was first constructed, the grant became available again this August, allowing us to move forward and make the project financially feasible. The result? A revitalized downtown space that’s not only bringing new jobs but also boosting economic vitality in the area.

We’re proud to have played a key role in this transformation and look forward to seeing the positive impact downtown!

MARKET INSIGHT

Tanner Morgan shares some insights into this top performing
multi-family purchase opportunity.

COMMUNITY SPOTLIGHT