Brentwood Office Building

1793 13th St.SE
Salem, OR 97302

For Sale: $1,995,000
For Lease: $1.oo NNN
Have: Two Story 20,000 square ft. office
Location Includes: Additional parking lot across 13th St.
Motivation: Diversification of income properties
Wants: Triple net in any metropolitan location; ten years or more on existing lease.
Can Add: 35,000 sf Commercial development site (will build to suit) in Forest Grove, Oregon; Cash
Owner: Ingram Properties LLC
Remarks: Sale subject to finding a suitable §1031 exchange property.

The Property

The Brentwood Office is located at 1793 13th Street, SE, Salem Oregon 97302. It is a 20,000± square foot, two story framed office building, and is elevator served. This is a class “C” building with many amenities. It is easily demisable into two 10,000 square foot spaces and can be demised to 2,000 square feet. Each floor has private offices and ready cubicles with both large and small conference rooms. Both floors have four restrooms each.The property includes two parcels: a 35,000± square feet parcel with the building and 26,945± square feet, lighted, paved parking lot across 13th Street. Total parking is 116 spaces or 5.8per thousand.

Investment Considerations

Property Benefits: The building is in excellent condition. The exterior has been recently painted, a new 25 year roof has been applied by Snyder Roofing, and several new HVAC units installed. Well located on 13th Street, SE easily accessible from State Highway 22 and state office buildings in the downtown area. This property has generous parking for 116 vehicles, 5.8 per thousand square feet of office space.

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Broker: Prime Properties Realty Inc.
Counselor: Keith Nakayama, CCIM
Address: 5390 SE Byron Drive, Portland, Oregon 97267
Phone: 503.659.9556
Fax: 503.659.0330
USA: 877.700.1031
Email: keith@askprime.com

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