Pringle Park Plaza

Investment Overview

This downtown Salem property presents a compelling investment opportunity with a total building area of 61,521 SF (52,845 SF NRA) across 22 units in 4 buildings. The fact that it's zoned Central Business District in the heart of Salem and is sitting at full occupancy, puts the property in a position as a highly desirable asset for retail and/or office investors. The center's anchor tenant, USPS, just renewed their lease through May of 2033. With the property sitting at 99% occupancy and a substantial upside in rents, it makes this an investment with tremendous upside potential.

Investment Highlights

• 61,521 Total Building SF
• Building A 16,908 SF
• Building B 19,699 SF
• Building C 20,178 SF
• Building D 4,736
• 22 units
• Zoned CBD - Central Business District
• Located in the heart of downtown Salem