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1130 Royvonne Ave SE Salem 1130 Royvonne Ave SE
729 - 1,854 SF of Retail Space Available in Salem, OR 97302
Highlights
- Along busy Commercial St SE
- Signage
- Ample parking
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 729-804 SF | Negotiable | $30.27 CAD/SF/YR $2.52 CAD/SF/MO $24,340 CAD/YR $2,028 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 104 | 1,050 SF | Negotiable | $30.27 CAD/SF/YR $2.52 CAD/SF/MO $31,787 CAD/YR $2,649 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 103
Former restaurant space. Bathroom, floor drains and some rough plumbing are in place.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 1,854 SF of adjacent space
- Central Air and Heating
- Along busy Commercial St SE in Salem
- Ample parking
- Compatible co-tenants
1st Floor, Ste 104
Former cannabis shop, ready for your retail store!
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,854 SF of adjacent space
- Central Air and Heating
- Storage
- Storage
- Ample parking
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 1130 Royvonne Ave SE , Salem, OR 97302
| Min. Divisible | 729 SF | Gross Leasable Area | 8,352 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Freestanding | Parking Ratio | 1.44/1,000 SF |
| Min. Divisible | 729 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,352 SF |
| Year Built | 2007 |
| Parking Ratio | 1.44/1,000 SF |
About the Property
Highland Gardens, a retail strip center situated in Salem, Oregon, offers a prime location for businesses. Built in 2007, this 8,321 square foot property features a newly paved lot and comprises five tenant spaces, including an additional outparcel building. Nestled along the bustling Commercial Street SE, the center benefits from its prominent position and excellent monument signage, ensuring high visibility for businesses
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
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1130 Royvonne Ave SE Salem | 1130 Royvonne Ave SE
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