Southeast Salem Office Space

Southeast Salem

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,420
As of: June 23, 2017

Southeast Salem Rates

Most listings are in the $10's per square foot per year. The Southeast Salem submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Southeast Salem Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 125% of the office spaces in the Southeast Salem are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,420 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1989 and are Class A.

Southeast Salem Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the occupants of Southeast Salem work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Southeast Salem.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southeast Salem.
Research