Salem, OR Warehouse and Industrial Space for Rent - 46 Listings

Search industrial and warehouse property for lease and view the Market Overview section below for local stats and insight.

1012 Commercial St NE, Salem, OR 97301

1012 Commercial St NE, Central Salem, Salem, OR
Space Type

Industrial
For Lease

$0.04/SF/MO
1 space available / 14,279 SF
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4720 & 4740 Ridge Drive NE

4740 Ridge Drive NE, Northgate, Salem, OR
Space Type

Industrial
For Lease

$0.07/SF/MO
1 space available / 31,000 SF
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Candlewood Industrial Park

1233 Candlewood Drive NE, Keizer, OR
Space Type

Industrial
For Lease

$0.06/SF/MO
4 spaces available / 720 - 1,440 SF
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3220 & 3224 Pringle Road SE

3220 Pringle Road SE, Southeast Salem, Salem, OR
Space Type

Industrial
For Lease

$0.01 - $0.06/SF/MO
5 spaces available / 1,600 - 20,000 SF
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Mill Creek Service-Industrial yard

3871 Boone Rd SE, Southeast Mill Creek, Salem, OR
Space Type

Industrial
For Lease

$0.29/SF/MO
1 space available / 9,200 SF
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22nd Street Industrial Park

1835 22nd Street SE, Southeast Salem, Salem, OR
Space Type

Industrial
For Lease

$0.07/SF/MO
1 space available / 84,000 SF
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Understanding Warehouse and Industrial Listing Rents in Salem, OR

In Salem, the average asking rent for industrial space is $9.21 per square foot. However, leasing costs can vary significantly due to various factors, such as location, property size, and quality rating.

For example, properties that are located close to high-capacity transport routes or cargo ports are always in high demand, which generally means higher rents. Similarly, larger warehouse or other industrial facility types can incur higher utilities and maintenance costs, which will ultimately be reflected in higher rents.

Class A or higher means tenants get some of the best quality industrial real estate available on the market and it tends to command the highest rents. It might be newly constructed property, or older industrial buildings that have been improved to meet or exceed modern standards.

Meanwhile, Class B and Class C industrial buildings are generally older real estate that lacks some of the most modern amenities. Rents for Class B and Class C properties tend to be lower than the A tier, but due to age might incur higher upkeep and maintenance costs, which can offset the rent savings.

Breakdown of Industrial Buildings in Salem, OR by Year Built

Before 1950 6
1950 - 2000 112
After 2000 26

The data was provided by Yardi Research Data and refers to industrial properties larger than 25,000 square feet.

Breakdown of Industrial Space in Salem, OR by Year Built

Before 1950 295,647 Sq.Ft.
1950 - 2000 8,457,375 Sq.Ft.
After 2000 4,771,100 Sq.Ft.

Breakdown of Salem, OR Industrial Space Rents by Building Class

Property Class Min. Rental Rate Max. Rental Rate

Class B Industrial Properties $8.16 $9.6

Class C Industrial Properties $9 $13.64

When weighing the cost-to-quality ratio, consider that several of these factors can work together to balance or offset each other in terms of the final cost to your budget. You can easily reach out to the property listing broker using the contact form available for each listing, to find out more about what each property has to offer.

The Salem, OR Industrial Real Estate Market at a Glance

Industrial real estate in Salem includes a variety of property types, which can suit businesses of different sizes that operate in various industries. The most common types of industrial property anywhere serve either logistics or manufacturing activities and each of them can offer sub-varieties that offer facilities specialized for particular types of handling or storage.

In Salem, the most common industrial property type on the leasing market is Warehouse/Distribution. Currently, you can find 20 such listing(s) in Salem. Listing sizes for this property type start at 792 square feet.

The local market is also home to 12 Flex - Industrial listing(s), offering spaces starting at 1,395 square feet.

You will also find Warehouse space here — 11 listing(s). Listing sizes in this category start at 750 square feet.

Breakdown of Salem, OR Industrial Space for Rent by Use Type

Use Type No. of Listings Total Sq.Ft.

Warehouse/Distribution 20 1,318,945

Flex - Industrial 12 173,267

Warehouse 11 16,900

Strip Retail 5 3,408

Retail (land) 1 1,020

Where You Are Most Likely to Find Industrial Listings in Salem, OR

Similarly to office and retail properties, industrial real estate developments tend to be zoned together, for several reasons that have to do with both benefits to the surrounding communities and benefits to the businesses using the space. In Salem, you will find the highest number of industrial space listings in Northgate. Use filters at the top of the page to focus on the space or the property size you need, and navigate the interactive map to identify the best location for your business.

Top Salem, OR Neighborhoods for Industrial Leasing Opportunities

Neighborhood No. of Listings Total Listings Sq. Ft.

Northgate 20 N/A

Southeast Salem 18 N/A

South Gateway 7 N/A

West Salem 7 N/A

Morningside 7 N/A

Finding Industrial and Warehouse Space to Lease Near Me

Trying to find the best industrial space near you for your business needs? PropertyShark is a great platform to find available industrial spaces in your area and makes finding the right home for your company easy. You can quickly filter your search by space or property size, price, or location with the search menu at the top of the page. Additionally, you can use the interactive map search modes to explore the best locations for industrial space in each market of interest. What’s more, you can conveniently reach out to listing brokers for more information about any of the properties that caught your eye, as well as the particularities of their surroundings.

Salem, OR Warehouse and Industrial Space for Rent - 46 Listings

1012 Commercial St NE, Salem, OR 97301

4720 & 4740 Ridge Drive NE

Candlewood Industrial Park

3220 & 3224 Pringle Road SE

Mill Creek Service-Industrial yard

22nd Street Industrial Park

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