Creekside Corporate Center - Building 680
680 Hawthorne Avenue Southeast, Salem, OR 97301
Marketing description
Tradition Real Estate Partners is pleased to offer Creekside Corporate Center - Building 680, a premier Class A office building in the heart of Salem's thriving business district. Constructed in 2008, this 20,082 RSF (rentable square feet) property represents a rare opportunity for investors or owner-occupants seeking high-quality space in one of the Willamette Valley's finest corporate campuses.
Nestled along Mill Creek with scenic ponds, walking trails, and abundant parking, Building 680 offers exceptional curb appeal and a serene work environment. Its strategic location adjacent to Interstate 5 provides seamless access to major employers, healthcare facilities, and downtown Salem, making it ideal for professional services, medical, or corporate headquarters. Priced at $4,700,000 ($234/RSF), this asset is positioned for strong returns in a market with limited Class A inventory and growing demand.
Creekside Corporate Center is widely recognized as one of Salem's most desirable office campuses, offering a balance of professional presence and natural surroundings that is difficult to replicate. Positioned within a thoughtfully planned business park, the environment is designed to support productivity while providing a more relaxed, campus-style setting.
Tenants benefit from a well-maintained landscape featuring water features, open green space, and pedestrian-friendly pathways, creating an atmosphere that stands apart from traditional office developments. The campus layout, combined with ample on-site parking and quality construction, continues to attract a range of professional and medical users.
Its location just minutes from Interstate 5 allows for convenient regional access, while remaining close to downtown Salem and surrounding amenities. Creekside Corporate Center continues to be a preferred destination for businesses seeking a high-quality image and a setting that enhances both employee and client experience.
Investment highlights
- Building Size: 20,082 SF (1st: ~7,945 RSF demisable; 2nd: ~8,314 RSF full-floor; 3rd: ~3,823 RSF with roof terrace).
- Flexible floor plates allow for full-building owner-occupancy, partial leasing for immediate cash flow, or demising the 1st floor into smaller suites to attract multiple tenants and diversify income streams.
- Lot Size: 1.22 acres with abundant on-site parking.
- Generous parking and land area reduce tenant complaints, support high employee satisfaction, and provide future expansion potential in a supply-constrained market.
- Year Built: 2008; Class A construction with modern finishes, elevator, and energy-efficient design.
- Post-2008 build quality minimizes near-term capex needs, appeals to credit tenants, and positions the asset for premium rents or resale in the Willamette Valley's limited Class A inventory.
- Key Features: Existing commercial kitchen infrastructure (from Suite 110 deli space); demisable 1st floor for flexible/smaller suites; upper floors prioritized for full-floor/HQ use.
- Reposition the kitchen area for onsite cafe/food service amenity or hybrid office-retail tenant to boost building appeal, tenant retention, and ancillary revenue while enabling partial leasing income.
- Campus Amenities: Part of a 5-building campus featuring Mill Creek views, three large ponds, paved walking trails, exceptional signage, and superior maintenance standards.
- Premium campus environment (often called a "second home" for employees) drives tenant attraction/retention, justifies above-market rents, and enhances overall property value through lifestyle appeal in a competitive office market.
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