The subject property is less than half a mile to Interstate 5 and has two buildings totaling more than 45,827 SF on 4.17 acres.

The subject property is located in the Northgate Urban Renewal Area. City of Salem staff are evaluating multiple projects in the 926 acre district for the remaining funding capacity of $22 million. The Urban Renewal Agency's goal for the remaining funds is to "prioritize the use of funds on opportunities that maximize private investment, job creation and economic vitality in the area." Neighboring businesses include the Salem/Keizer Career Tech High School, Catholic Community Services, the KROC Center and many more.

The surrounding residential areas are largely Latino-based (Marion County is 24% Latino) with few shopping or service opportunities available in the immediate area.

Location Description:

Former Oregon State Police Headquarters

4.17 acre property with multiple buildings

2 tax lots

1/2 mile from Interstate 5

Highlights:

>> $8.25 SF/year NNN

>> Three distinct areas in two buildings - shop/office/retail

>> Owner prefers "as-is" delivery

>> Multiple configurations available

>> Suites of 5,073 and 18,121 SF (shop or retail conversion)

Space Available:

There are 2 spaces available. The minimum space available is 5,073 SF and the maximum contiguous is 18,121 SF.

For Lease

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>> 5,073

>> $8.25/SF/year (NNN Lease)

For Lease

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>> 18,121

>> $8.25/SF/year (NNN Lease)

* Email for additional photos and floor plans.

** This property is also for sale.