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5002-5008 Commercial St SE
143 - 4,144 SF of Space Available in Salem, OR 97306
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 5026A | 143 SF | 2-4 Years | £17.23 /SF/PA £1.44 /SF/MO £185.48 /m²/PA £15.46 /m²/MO £2,464 /PA £205.35 /MO | Full Service Gross | ||
| 1st Floor, Ste 5040B | 4,001 SF | 3-5 Years | £8.24 /SF/PA £0.69 /SF/MO £88.66 /m²/PA £7.39 /m²/MO £32,957 /PA £2,746 /MO | Modified Gross |
1st Floor, Ste 5026A
Located at Boone Square located at the corner on Boone Rd and Commercial St SE. Space features one single room. Located on the second floor with no elevator or ADA access. Good access and on-site parking. Member of property ownership entity is a Licensed Real Estate Broker in the State of Oregon. Lease rate is $260/MO/FS-Janitorial / $1.82/SF/FS-Janitorial
- Rate includes utilities, building services and property expenses
- Fits 2 People
1st Floor, Ste 5040B
Space consists of one large room, 2 private office spaces, private restrooms and a kitchen/lunch room area. This is professional space, with carpet, drop ceilings, A/C, etc. The ceiling in the main room is extra high (roughly 12') allowing taller uses. Located on Commercial St SE just North of the intersection with Kuebler Blvd with good exposure. Could be utilized for church, showroom and other commercial or distribution uses. This is a bargain rent rate for this size and quality of space and very flexible in types of use. Listing Broker is part of ownership entity and a Licensed Real Estate Broker in the State of Oregon.
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5002-5008 Commercial St SE , Salem, OR 97306
| Property Type | Retail | Year Built | 1979 |
| Property Subtype | Freestanding | Parking Ratio | 3/1,000 SF |
| Gross Internal Area | 25,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 25,000 SF |
| Year Built | 1979 |
| Parking Ratio | 3/1,000 SF |
Features and Amenities
- Bus Route
- Pylon Sign
- Signage
Nearby Major Retailers
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Ben Bednarz -
SMI Real Estate
Presented by
5002-5008 Commercial St SE
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