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  1. Industrial Space
  2. OR
  3. Salem

Industrial Flex Space

For Lease 15,145 SF

1500 McGilchrist St SE, Salem, OR 97302

Located within minutes of Mission Street and I-5, this property has high visibility and daily traffic counts of 13,020. The McGilchrist corridor is a hub of industry in Salem, where the City of Salem is in the midst of the McGilchrist Complete Street Improvement Project. For more information search McGilchrist Project, visit CityofSalem.net.Located directly on the McGilchrist corridor in Salem, this concrete tilt industrial flex building has two suites available. Suite 1500 is 4,005 SF with 2,858 SF warehouse and 1,147 SF office/showroom. Suite 1510 is 11,140 SF with 8,860 SF warehouse and 2,280 SF office. Zoned Industrial General, uses include but are not limited to: general wholesaling and manufacturing, warehousing and distribution, retail nurseries and lawn and garden supply stores, financial institutions and more.

Key features

  • Office lease rate: $1.10/SF - NNN
  • Suite 1500: 4,005 SF
  • Suite 1510: 11,140 SF
  • Warehouse lease rate: $0.80/SF - NNN
  • Zoned Industrial General

Rental Details

  • Number of spaces 2
  • Total square feet available 15,145 SF
  • For Lease $3,548.00 - $9,595.00/MO
  • Space Type Industrial
  • Lease Type NNN
  • Latest Update Sep 17, 2026
View Attachment
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True

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

2 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Suite 1500 Industrial $3,548.00/MO 4,005 SF - NNN

Suite 1500

Space Type

Industrial

Lease Rate

$3,548.00/MO

Additional Rent

Price on request

Total Space Available

4,005 SF

Divisible Space

4,005 - 4,005 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 1510 Industrial $9,595.00/MO 11,140 SF - NNN

Suite 1510

Space Type

Industrial

Lease Rate

$9,595.00/MO

Additional Rent

Price on request

Total Space Available

11,140 SF

Divisible Space

11,140 - 11,140 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 1500

Space Type
Industrial
Lease Rate
$3,548.00/MO
Total Space
4,005 SF
Lease Type
NNN
Space Type

Industrial

Lease Rate

$3,548.00/MO

Additional Rent

Price on request

Total Space Available

4,005 SF

Divisible Space

4,005 - 4,005 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 1510

Space Type
Industrial
Lease Rate
$9,595.00/MO
Total Space
11,140 SF
Lease Type
NNN
Space Type

Industrial

Lease Rate

$9,595.00/MO

Additional Rent

Price on request

Total Space Available

11,140 SF

Divisible Space

11,140 - 11,140 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

broker
Terry Hancock

Hancock Real Estate

Building Details

  • For Lease $3,548.00 - $9,595.00/MO
  • Property Type Industrial - Flex - Industrial
  • Property Size 10,000 SF
  • Additional Rent Price on request
  • Date Updated Sep 17, 2026
  • Office Area

    1,216 SF

    HVAC

    None

Location

  • City Salem, OR
  • Neighborhood Southeast Salem
  • Zip Code 97302
  • Market Eugene
  • Map
  • Street
  • Walk score 41/100 Car-Dependent
  • Transit score 29/100 Some Transit
  • Bike score 71/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Salem

1.20 miles

Brooks Historical Society Depot

9.77 miles

Hopmere Station

9.85 miles

76

0.30 miles

City of Salem Fuel Island

0.61 miles

Shell

0.80 miles

ChargePoint

0.80 miles

Pacific Pride

0.90 miles

Chevron

0.99 miles

Tesla Supercharger

1.02 miles

Fred Meyer fuel #355

1.12 miles

Blink

1.32 miles

Arco

1.39 miles

SSHS

0.79 miles

Skyline Ford Salem

0.93 miles

Postal Employee Parking

0.99 miles

South West Parking Lot

1.05 miles

Staff Parking

1.18 miles

E Lot

1.22 miles

Patient Visitor Parking Garage

1.22 miles

Airport Road Park and Ride

1.27 miles

B Lot

1.37 miles

M Lot

1.39 miles

Salem Health

0.32 miles

Salem fire station #10

0.80 miles

Salem fire station #4

1.06 miles

Avalina Pharmacy

1.10 miles

Urgent Care Clinic South

1.19 miles

Salem Hospital

1.33 miles

Walmart Pharmacy

1.44 miles

City of Salem Police Department

1.66 miles

Salem Fire Station 1

1.73 miles

Walgreens

1.74 miles

Black Sheep Cafe

0.26 miles

The Manila Fiesta

0.29 miles

Drunken Cook

0.58 miles

Tacos El Pelon

0.71 miles

iWingz

0.72 miles

Don Chuy's

0.74 miles

The Chicken Shanty

0.77 miles

Hawaiian Time

0.78 miles

Teriyaki Diner

0.79 miles

Carl's Jr.

0.80 miles

Listing Summary

  • Asking Prices

    At 1500 McGilchrist St SE, the asking rate for industrial space for lease starts at $3,548.00/MO.

  • Available Industrial Space

    Availabilities for industrial space in this property total 15,145 square feet of space across 2 spaces.

    The largest individual space listed for rent here totals 11,140 square feet, while the average space size is 7,572.5 square feet.

  • Property Characteristics

    1500 McGilchrist St SE totals 10,000 square feet.

Contact Terry Hancock
broker
Terry Hancock

Hancock Real Estate

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