2943 Silverton Rd NE - Freestanding FOR SALE


Salem, OR 97301- Northgate
$1,500,000 USD
503-364-7400
2943 Silverton Rd NE, Salem, OR for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

2943 Silverton Rd NE
Salem, OR 97301
Northgate


OVERVIEW

6,200 SF flex retail building located on one 1.58 acre tax lot with MU-III zone. Property has two tenants. United Market, a convenience store, leases 2,200 SF and the parking lot area fronting Silverton Road NE. United Market is paying $3,831.74/MO, NNN with the lease running through 12/31/2027. The remaining 4,000 SF of building area and the yard area north of the building is leased on a month to month basis to Ryder Trucking for use as a commercial trucking maintenance shop and associated outdoor storage. Ryder is currently paying $3,465/MO, NNN.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$636 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,824 SF

ZONING

MU-III

APN/PARCEL ID

589861

ASK ABOUT THIS PROPERTY

Ruth DanaFirst Commercial Real EstateMore Info
503-364-7400

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Ruth DanaFirst Commercial Real EstateMore Info
503-364-7400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.