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South Salem Retail 337-341 Bush St SE
1,440 SF of Retail Space Available in Salem, OR 97302
Highlights
- Close to Downtown Salem
- Private and Street Parking
- Large Windows with Natural Light
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 337 | 1,440 SF | Negotiable | $19.56 /SF/YR $1.63 /SF/MO $28,166 /YR $2,347 /MO | Modified Gross |
1st Floor, Ste 337
South Salem Retail Space at 337 Bush offers 1,440 SF of space with a large front retail area, plus an additional large room in the back complete with a roll up door, sink area and private bathroom. Onsite parking. Near downtown Salem.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
- Private Restrooms
- 1,440 SF Available
- $1.63/SF/Mo/MG
- High Visibility Front Retail
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 broker 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 337-341 Bush St SE , Salem, OR 97302
| Property Type | Retail | Total Land Area | 0.44 AC |
| Property Subtype | Storefront | Year Built/Renovated | 1950/2001 |
| Gross Leasable Area | 18,031 SF | Parking Ratio | 0.33/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 18,031 SF |
| Total Land Area | 0.44 AC |
| Year Built/Renovated | 1950/2001 |
| Parking Ratio | 0.33/1,000 SF |
About the Property
Located on bush street visible from Commercial street just South of Salem's Central Business District, 2 blocks from the Willamette River and Bush Pasture Park. With a mix of retail, office, medical, dental and service providers nearby, this location provides fantastic exposure to retail or office users looking to connect with 28,500 average daily commuters on Commercial St, and 29,000 daily commuters on Liberty St. With street parking available, this location is close to downtown, easy access to Highway 22 and a clear path to I-5 from Mission Street.
- Bus Line
- Signage
Nearby Major Retailers
Presented by
South Salem Retail | 337-341 Bush St SE
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