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Fully Leased Investment Property

4825 Commercial St SE, Salem, OR 97302

  • For Sale $11,900,000
  • Property Type Retail
  • Lot Size 3.79 Acre
  • Parking Spaces Avail. 398
  • Year Built 1983
  • Date Updated Aug 08, 2022
  • Website www.cbcworldwide.com
Established and well-located multi-tenant investment property in Salem, Oregon. This 100% leased retail property includes 55,472 SF of building space. Current tenants are established local names: the Oregon Department of Motor Vehicles, Judy's Appliances, Physiq Fitness gym and Mega Markdowns retail store; all of which are on long term (5-10yr) leases. 4825 Commercial Street Southeast is an investment opportunity located within a retail complex in a highly trafficked area of Southeast Salem. This retail complex includes three buildings, one of which is the subject property, who all share the site’s parking lot, a total of 398 spaces, through a shared parking agreement. Under the shared parking agreement, each parcel/building owner is responsible for paying a percentage of the common area operations and maintenance. The owner of the subject property is in charge of managing the shared parking agreement for the retail complex and is responsible for 68.22% of the total shared parking CAO&M. This investment property opportunity is located in one of the highest income demographic areas of our community. Located only six minutes from Interstate-5 North and South, the Southeast Salem area continues to expand with more single and multi-family developments to meet the demands of record growing population numbers. As one of the best future developable areas in Salem, many national retailers, like Trader Joes and Costco, have moved to the area. Email listing broker for proforma and lease information.
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Location

  • Walk Score ® Somewhat Walkable (68)
  • Transit Score ® Some Transit (35)
  • Bike Score ® Very Bikeable (74)
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Faye Wright
  • Zip Code 97302
  • Market Eugene

Points of Interest

Salem Amtrak Station

3.27 miles

76

0.31 miles

Shell

0.38 miles

Safeway Fuel Station

0.97 miles

Blink

1.07 miles

Chevron

1.36 miles

Costco Gasoline

1.39 miles

76

1.90 miles

Texaco

2.39 miles

City of Salem Fuel Island

2.69 miles

Shell

2.87 miles

Woodmansee Parking Lot

0.20 miles

Rite Aid Park and Ride

0.27 miles

WalMart South Park and Ride

0.63 miles

Skyline Ford Salem

2.24 miles

SSHS

2.54 miles

South West Parking Lot

2.85 miles

Postal Employee Parking

2.93 miles

Airport Road Park and Ride

3.08 miles

Sunnyside/Turner Interchange Park and Ride

3.19 miles

Staff Parking

3.20 miles

Odd Moe's Pizza

0.07 miles

Tacos Del Sur

0.07 miles

Sushi Kyo

0.08 miles

Gold Dragon

0.10 miles

Jack in the Box

0.12 miles

Blue Thai Restaurant

0.12 miles

The Original Pancake House

0.15 miles

Habaneros

0.16 miles

Arby's

0.23 miles

Nancy Jo's Burgers and Fries

0.24 miles

Privat European Food and Bakery

0.12 miles

Herbal Grasslands - Cannabis Dispensary

0.13 miles

CU Quick Mart

0.13 miles

WinCo Foods

0.18 miles

Trader Joe's

0.32 miles

II Vape Salem

0.38 miles

Natural Grocers

0.53 miles

Walmart

0.61 miles

Safeway

1.05 miles

Roth's

1.36 miles

Contacts

Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

(503) 587-4777

Highlights

  • Lot Size: 2-5 Acres
  • Age: 31-40 Years Old
  • 100% leased - 5.4% CAP
  • Established tenants (5-10yr terms)
  • 398 shared parking spaces
  • Near major arterial in S. Salem
  • High-traffic counts

Frequently Asked Questions

What is the total square footage of Fully Leased Investment Property?

Fully Leased Investment Property totals 55,472 square feet.

When was this property built?

Fully Leased Investment Property was built in 1983.

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Contact Listing Broker

Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

(503) 587-4777

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