

Park Place Professional Center
This well-maintained Class-A office building is available for acquisition at a 6.70% cap rate.
Marketing description
Park Place Professional Center - 250 CHURCH ST. SE, SALEM, OR 97301
Discover an exceptional investment opportunity in downtown Salem's premier Class A office building - Park Place Professional Center. With a strong 6.70% CAP rate and recent upgrades including a new membrane roof and HVAC system, this property offers stability and growth potential for investors. Boasting a prime location near Salem Hospital, the Oregon State Capitol, and dining amenities, this well-maintained property with 93.6% occupancy features quality tenants like Saalfeld Griggs Law Firm and Just Compassion. With 39,683 SF of space spread across 3 floors and ample parking, Park Place Professional Center stands out as a top destination for businesses seeking a modern and prestigious office environment. Don't miss this opportunity to own a lucrative piece of Salem's downtown real estate with strong tenant retention and a prominent presence in the Central Business District.
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