Southeast Salem Retail

Southeast Salem

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
830
As of: August 16, 2017

Southeast Salem Rates

On average, listings lease in the $20's per square foot per year. The Southeast Salem region is seeing a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 85% rise in rent.

Southeast Salem Listing Supply

In the last 90 days, 4 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 150% of the office spaces in the Southeast Salem are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 830 sqft. Most buildings in this area are around 2 stories. Most buildings in this region 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 market. 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