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    Fully Occupied Salem Retail Center Title is generated by Realmo AI

    103 Baldridge Ln, Salem, IL 62881

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    For Sale
    $4,242,500

    27,500 SF retail center in Salem, Illinois.

    Type:Shopping Strip
    Property size:
    27,500 SF
    Lot size:
    3.33 Acres
    Price / SF:
    $154/SF
    Added:
    Apr 3, 2026
    Days on Market:
    68
    Last Refresh:
    Apr 3 at 5:24 am

    Property Features for 103 Baldridge Ln

    General Information

    Standard status
    Active
    Size
    27,500 SF
    Lot size
    3.33 Acres
    Property subtype
    Shopping Strip

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    Philip Levy
    Philip Levy

    Listing agent Philip Levy License #TX: 0522087

    Listing office Dallas Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office

    HighLights

    • 100% Occupancy Rate with Triple‑Net Leases
    • Anchored by Dollar Tree with a Diverse Tenant Mix
    • Shadow‑Anchored by Walmart Supercenter
    • High Traffic Location: Over 15,645 Vehicles Per Day
    • Located off Highway 50 (West Main Street) near Interstate 57
    • Constructed in 2007

    Overview

    The Salem Shopping Center is a 27,500-square-foot multi-tenant retail property located in Salem, Illinois. Constructed in 2007, the center is situated on a 3.33-acre parcel and is currently 100 percent occupied, with 100 percent of the gross leasable area under triple-net leases. Anchor tenant Dollar Tree is accompanied by Dab City Tobacco & Vape, AT&T Wireless, El Rancherito Mexican Cuisine, Shoe Sensation, CATO, Internet Gaming Cafe, Zen Nails & Spa, and World Finance Corporation. An ATM lease with Marion County Savings Bank provides additional income. The property is shadow-anchored by Walmart Supercenter and is located on Baldridge Lane, off Highway 50 (West Main Street), near the intersection with Interstate 57. Traffic counts in front of the property exceed 15,645 vehicles per day. Neighboring retailers include KFC, Arby’s, Applebee’s Grill + Bar, Denny’s, Wendy’s, McDonald’s, Taco Bell, Domino’s Pizza, Dollar General, CVS, and Verizon Wireless.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.9357
    Latitude
    38.6321

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    FAQs

    What type of property is this?
    Shopping center - 27,500 SF retail center in Salem, Illinois.
    Where is this shopping center located?
    The property is located at 103 Baldridge Ln Salem, IL.
    What is the asking price?
    The asking price for this property is $4,242,500.
    What are key features of this property?
    This property features: 100% Occupancy Rate with Triple‑Net Leases; Anchored by Dollar Tree with a Diverse Tenant Mix; Shadow‑Anchored by Walmart Supercenter
    (972) 755-5225
    We can help!
    Listing Contact
    Philip Levy
    Philip Levy
    Real Estate License ID: TX: 0522087
    Learn More
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