Ground Lease Investment Opportunity

401 Center Street Northeast, Salem, OR, USA

Fantastic ground lease with CPI increases every five years.  Lease commenced 10/1/1965 and expires 3/31/2061. No remaining options after expiration. Average return of 7.45% over the remaining life of the lease with projected increases based on historical averages. Next rent increase fall 2025.

Download Brochure

Property Details

  • Property Type(s): Investment
  • Price: $950,000
  • Zone: CB

Listing Agent

Jennifer Martin and Josh Kay