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Kuebler Gateway Kuebler Blvd
3,551 SF of Office/Medical Space Available in Salem, OR 97302
Highlights
- Commercial Office zoning
- First year base rent starting at $24/SF NNN for qualified tenants and minimum of 5-year term
- Great parking at 4.7/1,000
- 3,551 RSF, highly visible endcap space in warm shell condition
- Tenant Improvement allowance available
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste Endcap | 3,551 SF | 5-15 Years | £18.96 /SF/PA £1.58 /SF/MO £204.09 /m²/PA £17.01 /m²/MO £67,328 /PA £5,611 /MO | Triple Net |
2521 Boone Rd SE - 1st Floor - Ste Endcap
Highly visible endcap suite with abundant large windows in a single-story, professional office building. Tenant improvement allowance of $5/SF/year of initial lease term offered to all qualified tenants. Annual NNN’s estimated at $7.23/SF. Landlord recently spent approximately $150,000 to ready the space for tenant-specific improvements including: installing two 5-ton HVAC units with power and t-stats, framing and furring all perimeter walls to structure, painted all walls and soffits, front entry improvements include exposed ceiling with suspended acoustical clouds, dimmable pendant lights, modern carpet planks with rubber base at the walls, 200-amp, 120/208 volt service panel, and pendant lights throughout open space. * First year base rent starting at $24/SF NNN for qualified tenants and minimum of 5-year term
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Corner Space
- High Ceilings
- Natural Light
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.
SELECT TENANTS AT Kuebler Gateway
- Tenant
- Description
- US Locations
- Reach
- Costco Wholesale
- Wholesale Club
- 1,057
- International
- Pt Northwest LLC
- Health Care and Social Assistance
- 1
- -
- Salem Clinic, P.C.
- Health Care
- 3
- Regional
- Valley View Dermatology
- Health Care and Social Assistance
- -
- -
| Tenant | Description | US Locations | Reach |
| Costco Wholesale | Wholesale Club | 1,057 | International |
| Pt Northwest LLC | Health Care and Social Assistance | 1 | - |
| Salem Clinic, P.C. | Health Care | 3 | Regional |
| Valley View Dermatology | Health Care and Social Assistance | - | - |
PROPERTY FACTS FOR Kuebler Blvd , Salem, OR 97302
| Centre Type | Community Center | Gross Leasable Area | 192,686 SF |
| Parking | 190 Spaces | Total Land Area | 8.19 AC |
| Stores | 1 | Year Built | 2022 |
| Centre Properties | 7 | Cross Streets | I-5 |
| Centre Type | Community Center |
| Parking | 190 Spaces |
| Stores | 1 |
| Centre Properties | 7 |
| Gross Leasable Area | 192,686 SF |
| Total Land Area | 8.19 AC |
| Year Built | 2022 |
| Cross Streets | I-5 |
About the Property
Don’t miss this opportunity to thrive in the newest Costco-anchored mixed-use project in South Salem. Join Salem Clinic, Salem Audiology, Valley View Dermatology, and PT Northwest in this desirable 14,820 SF Class A office/medical building. This location offers premium drive by visibility. Approximately 30,000 vehicles per day pass by on Kuebler Blvd, a major east/west commuter route from Interstate 5 into South Salem.
-
Jennifer Martin -
First Commercial Real Estate
Presented by
Kuebler Gateway | Kuebler Blvd
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