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    1140 Wallace Road NW Salem, OR 97304

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    For Lease
    $2 SF/Yr $20,124/Mo (calc)

    Turnkey retail suite in established shopping center, available November 2025.

    Type:Retail
    Property size:
    105,457 SF
    Lot size:
    8.00 Acres
    Added:
    Jan 26, 2026
    Days on Market:
    92
    Last Refresh:
    Apr 5 at 8:32 pm

    Property Features for 1140 Wallace Road NW

    General Information

    Standard status
    Active
    Size
    105,457 SF
    Lot size
    8.00 Acres
    Property subtype
    Retail

    Spaces For Lease

    at 1140 Wallace Road NW Contact us

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    Listing Contact
    Nick Williams, CCIM
    Nick Williams, CCIM

    Listing agent Nick Williams, CCIM License ##201230204

    Listing office SVN Commercial Advisors | Salem

    Listing date Jan 26, 2026

    Source Corfac

    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 SVN Commercial Advisors | Salem


    Overview

    Retail Suite in High-Traffic 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. There are no direct competitors within the property. The suite is available for occupancy starting November 1, 2025. Current CAM's are $6.64 per square foot per year, including property tax, insurance and operational costs; $3.60 per square foot is attributable to property taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Perfect Look Hair ... Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.05
    Latitude
    44.9511

    FAQs

    What type of property is this?
    Retail space - Turnkey retail suite in established shopping center, available November 2025.
    Where is this retail space located?
    The property is located at 1140 Wallace Road 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, offering a unique opportunity to capture existing demand.; Infrastructure already in place for salon/barber shop or personal services business (plumbing, restroom).; Located in a high‑traffic shopping center (30,000+ VPD) anchored by Roth's Fresh Markets and national co‑tenants like Starbucks.
    More about this property
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