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State Street Class A Office

$4,530,000

3220 State Street, Salem, OR 97301

Active
Last Updated: 06/13/2025

6.8

Cap Rate

308,071.0844

NOI

Details:
Cap Rate:    6.8%
NOI:    $308,071.08
Building Size:    20,359 sqft
Lot Area:    1.34 acres
Occupancy:    100%
Class:    A
Year Built:    2005
Floors:    2
Highlights:
  • 100% occupancy
  • Great condition/location/parking
  • Contact listing agents for Offering Memorandum
Description:

Introducing an exceptional fully-leased investment opportunity in Salem, Oregon. This impressive 20,359 SF office building, constructed in 2005, offers a prime location and a great anchor tenant in DCP Connections. The building features ample parking and meticulous upkeep. This property is perfectly positioned for ongoing success. Don't miss out on the chance to add a fully leased, high-quality asset to your portfolio in a convenient and sought-after location.

Conveniently located in Salem, Oregon, the property offers an exceptional investment opportunity. With close proximity to Interstate 5, central Salem, and Lancaster Drive, it provides easy accessibility and connectivity. Nearby attractions include Riverfront Park, the Oregon State Capitol, and the historic Deepwood Estate. Salem's strong economy, diverse amenities, and dynamic growth make it an attractive business environment for office and office building investors.

Map:
Documents:
Title
NEW_STYLE_-_2_Page_Flyer__L_.pdf
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Location
Gallery