2995 Ryan Dr SE - Office FOR SALE


Salem, OR 97301- Northeast Salem
$7,200,000 USD
503-588-4146
2995 Ryan Dr SE, Salem, OR for Sale
$7,200,000 USD
Office - FOR SALE
1/2
null | 7% Cap Rate

2995 Ryan Dr SE
Salem, OR 97301
Northeast Salem


HIGHLIGHTS

  • 7% capitalization rate on current income
  • Price well below replacement cost
  • Adjacent 2965 Ryan Drive (14,000+ SF/vacant) is also for sale

OVERVIEW

This beautiful two-story Class A office building was built in 2010, and the current tenant has been in place ever since. Current net lease goes through January 2028 with options to renew. The building is very visible to Highway 22, has great curb appeal, and very good parking.

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$328 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

CR

APN/PARCEL ID

528009

ASK ABOUT THIS PROPERTY

Curt Arthur, SIORCapacity Commercial Group LLCMore Info
503-588-4146

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

Curt Arthur, SIORCapacity Commercial Group LLCMore Info
503-588-4146

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