FLEX - The 45th Parallel Building

2195 Hyacinth St NE, Salem, OR 97301

Property Information

  • For Lease $1.17 - $1.68/SF/MO
  • Property Type Industrial - Flex - Industrial
  • Property Size 72,489 SF
  • Lot Size 7 Acre
  • Property Tenancy Multi-Tenant
  • Year Renovated 2015
  • Date Updated Jun 6, 2026
  • Fire Sprinklers Other
  • HVAC None

Description

Located in the North Gateway Urban Growth Renewal District, between Portland Rd. and Salem Parkway with easy access to I-5 as well as the Salem-Keizer areas.Retail and Office Spaces Available Now! The 45th Parallel Building is part of a 7 Acre, 120,000 SF+ retail/creative office/incubator development located in the North Gateway . The 45th Parallel is in the Urban Renewal District and offers great traffic counts and easy access to the I-5 and Downtown Salem/Keizer. Each space in the building features skylights, glass roll-up doors, and 18’ ceilings. Onsite security guard and surveillance on site with new updated parking. Co-tenants include Just Us Girls Coffee & Wine, Chomp Chocolate, 503 Fades, Shabby Chic, Xicha Brewing, Momiji, Custom Cakes by Michelle, Wright Tree Clearing Services and many many others. Join the excitement at the 45th Parallel!

Highlights

  • 24x7x365 On-Site Security Guard & Surveillance
  • Available Spaces: 237-1,356 RSF
  • Includes Common Area Janitorial
  • Includes Secure Restrooms
  • NNN Estimate: $0.78/SF
  • Parking: 3/1,000
  • Possible Uses: Retail, Office, Flex
  • Pricing: $1.13-$2.40/SF/Month/NNN
  • Total Building SF: 72,489
  • Traffic Counts: 27,345

8 Spaces Available

104

Space Type

Strip

Lease Rate

$1.30/SF/MO

Total Space

775 SF

Divisible Space

775 - 775 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Beautiful inline space, ideal for beauty, aesthetics, massage, or service oriented businesses. Small waiting area with two private rooms, a mezzanine loft, small private deck and plumbing in the space. 18' ceilings with skylights and a glass roll up door. Pricing includes NNN's estimated at $0.78/SF (rent $1,008 + $581 NNN).

107

Space Type

Strip

Lease Rate

$1.30/SF/MO

Total Space

582 SF

Divisible Space

582 - 582 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Beautiful inline space on back corridor, ideal for retail, beauty, aesthetics, or service oriented businesses. Open floor plan space with built in counter, sink with cabinets and LVP flooring. 18' ceilings with skylights and a glass roll up door. Pricing includes NNN's estimated at $0.78/SF (rent $757 + $454 NNN).

145

Space Type

Street Retail

Lease Rate

$1.17/SF/MO

Total Space

1,460 SF

Divisible Space

1,460 - 1,460 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Position your business in the heart of one of Salem’s busiest commercial hubs with this prime interior endcap suite inside the renowned 45th Parallel Building — home to over 75 thriving tenants. Fantastic exterior facing suite with excellent signage. Boasting a large open area and two private rooms, one with plumbing. 18-foot ceilings, skylights, and multiple entrances. This space provides a flexible layout ideal for a retail or service oriented business. Common area restrooms. A unique opportunity to secure a high-functioning space in a vibrant, collaborative business environment. Highlights: Exterior facing suite with private entrance Two private offices, one with plumbing 18’ ceilings and abundant natural light Multiple entry points and roll-up doors Common are restrooms Capitalize on the momentum of this dynamic multi-tenant center and make your mark in a highly sought-after building. Priced at $1.17/SF, NNN's estimated at $0.78/SF. ($1,711 rent and $1,139 NNN)

155A

Space Type

Strip

Lease Rate

$1.25/SF/MO

Total Space

492 SF

Divisible Space

492 - 492 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Open floor plan space near the east entrance at the 45th Parallel. Space has cement flooring and plumbing, 18' ceilings and a glass rollup door. Common area restrooms. Priced at $1.25/SF, NNN's estimated at $0.78/SF. ($615 rent and $384 NNN)

191

Space Type

Strip

Lease Rate

$1.20/SF/MO

Total Space

1,107 SF

Divisible Space

1,107 - 1,107 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Office or retail space located on the main corridor, ideal for office or service oriented businesses. Front open area and two private offices. 18' ceilings with skylights and a glass roll up door. Pricing includes NNN's estimated at $0.78/SF (rent $1,336 + $864 NNN).

Contacts

Alvin J. Nash

Tradition Real Estate Partners

Location

Located at 2195 Hyacinth St NE, Salem, OR 97301, this property is part of the Northgate neighborhood and Eugene market.

Contact Listing Broker
Alvin J. Nash

Tradition Real Estate Partners

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