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1140 Wallace Rd NW Salem, OR 97304

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For Lease
$2 SF/Yr

Turnkey retail suite with high visibility and traffic.

Property size:
105,457 SF
Lot size:
105,457 SF

Property Features for 1140 Wallace Rd NW

General Information

Size
105,457 SF

Source: Nick Williams, CCIM Agent Nick Williams, CCIM

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


Overview

Retail Suite in Anchored Center

This inline retail suite is located within an established shopping center spanning over 8 acres. Anchored by Roth’s Fresh Markets and complemented by national and regional brands such as Starbucks, Baskin-Robbins, and Tan Republic, the center benefits from consistent customer traffic. The location offers high visibility and accessibility, with traffic counts exceeding 30,000 vehicles per day and ample on-site parking. The suite is configured for a salon, barber shop, or personal services business, featuring existing plumbing, an in-suite restroom, new flooring, and updated interior finishes. This creates a move-in-ready environment. The suite presents a turnkey opportunity for an operator to capture demand within a retail destination, with no direct competitors within the property. The suite will be available for occupancy starting November 1, 2025. Current CAM's are $6.64/sf/year, including property tax, insurance and operating costs; $3.60/sf is attributable to property taxes.
Location Intelligence

Current Use by Public Records

Perfect Look Hair ... Hair Salon

Suggested Use

Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

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

Similar Places Nearby

Liberty Plaza, BitcoinNW Bitcoin ATM, Sunglass Hut at Macy's, Casa de Monica, Salem Center

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.0498513
Latitude
44.9511107

FAQs

What type of property is this?
Shopping center - Turnkey retail suite with high visibility and traffic.
Where is this shopping center located?
The property is located at 1140 Wallace Rd NW Salem, OR.
What is the lease rate?
The lease rate is $2 SF/Yr.
What are key features of this property?
This property features: - No direct competitors within the property offers a unique business opportunity.; - Ideally configured for salon/barber/personal services with existing plumbing and infrastructure.; - Turnkey, modern interior with new flooring, updated finishes, and private restroom.
More about this property
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