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525 Glen Creek Rd NW
Salem, OR 97304 West Salem

$705 - $2,228 USD/MO

Office For Lease  •  403+ SF

Property Details

  • Property Type Office
  • Year Built 1982
  • Total Building Size 14,873 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning MU-III
40 Transit Score
60 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
2nd Floor Ste 220 Office 1,273 SF $21.00 USD/SF/YR
Main floor space directly off the lobby. Tons of great light, two offices, newer carpet and a coffee bar area.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
2nd Floor Ste 250 Office 403 SF $21.00 USD/SF/YR
Small suite on the main level used for counseling. Currently occupied.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
3rd Floor Ste 330 Office 600 SF $24.00 USD/SF/YR
Small counseling office with reception and a large private office with double doors. May be the nicest suite in the building with views of downtown, the State Capital, and Mount Hood and Mount Jefferson. Currently occupied.

  • Date available: Now
  • Lease term: 2 - 4 Years
  • Service type: Modified Gross
  • Space Type: Relet

Description

21 Oaks is a multi-tenant office building in West Salem with great visibility, a wonderful location, amazing views, and priced at a fraction of replacement cost. With many of the leases far below market rent, there is tremendous upside potential with this iconic building.

Highlights

Suite sizes range from 403 SF - 1,273 SF
Full Service Lease rates less janitorial
3.8:1000 parking ratio
Good occupancy history
Upside potential with rents

Property Flyers

Amenities

  • Bus Line
  • Signage
  • Central Heating
  • Natural Light
  • Wi-Fi
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Dr. Nancy Broskie, MD
Dr. Whitney Voigt
Earth Angel 1/9/2028
Freeman Green Law 4/15/2022
Julie Meade (Massage)
Silver Falls Trauma Recovery
Smith Morgan LLP
Spectrum Psychotherapy, LLC
Travel Bureau-Salem
Union Home Mortgage

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Curt Arthur, SIOR 503-588-4146 Capacity Commercial Group LLC
Curt Arthur, SIOR 503-588-4146 Capacity Commercial Group LLC