FLEX - The 45th Parallel Building

For Lease

2195 Hyacinth St NE, Salem, OR 97301

FLEX - The 45th Parallel Building currently offers 4 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include creative office, strip and industrial. The minimum space size listed is 290 square feet. Lease type options include NNN. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at FLEX - The 45th Parallel Building.

Space Available For Lease 4

Contacts

broker
Alvin J. Nash

Tradition Real Estate Partners

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 72,489 SF
  • Lot Size 7 Acre
  • Property Tenancy Multi-Tenant
  • Year Renovated 2015
  • Date Updated Mar 22, 2025
  • Fire Sprinklers Other
  • HVAC None
Located in the North Gateway Urban Growth Renewal District, between Portland Rd. and Salem Parkway with easy access to I-5 as well as the Salem-Keizer areas.Retail and Office Spaces Available Now! The 45th Parallel Building is part of a 7 Acre, 120,000 SF+ retail/creative office/incubator development located in the North Gateway . The 45th Parallel is in the Urban Renewal District and offers great traffic counts and easy access to the I-5 and Downtown Salem/Keizer. Each space in the building features skylights, glass roll-up doors, and 18’ ceilings. Onsite security guard and surveillance on site with new updated parking. Co-tenants include Just Us Girls Coffee & Wine, Chomp Chocolate, 503 Fades, Shabby Chic, Xicha Brewing, Momiji, Custom Cakes by Michelle, Wright Tree Clearing Services and many many others. Join the excitement at the 45th Parallel!
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Highlights

  • Available Spaces: 240-1,023 RSF
  • Pricing: $1.00-$2.25/SF/Month/NNN
  • NNN Estimate: $0.67/SF
  • Includes Secure Restrooms
  • Possible Uses: Retail, Office, Flex
  • Includes Common Area Janitorial
  • 24x7x365 On-Site Security Guard & Surveillance
  • Total Building SF: 72,489
  • Traffic Counts: 27,345
  • Parking: 3/1,000

Getting around

  • 34/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood Northgate
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    3.65 miles

  • Brooks Historical Society Depot

    5.02 miles

  • Hopmere Station

    5.10 miles

2195 Hyacinth St NE Listing Brief

  • The rental rate for available space here starts at $1.60. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • It is available for lease as Multi-Tenant space.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

    Multi-tenant space is ideal for businesses that need smaller spaces or that want to share the property with other businesses. The property has a variety of smaller units available, ranging in size from 290 to 937 square feet.

  • The parking lot is 3.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alvin J. Nash

Tradition Real Estate Partners

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