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Prime Retail Space on Commercial
For Lease
$26 SF/Yr NNN

5765 Commercial St SE, Salem, OR 97306

Versatile retail space in high-traffic Salem location.

Space Size1,005 SF - 1,320 SF
Property Size9,290 SF
Days on Market167

Property Features for 5765 Commercial St SE

General Information

Standard status Active
Size 1,005 SF - 1,320 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 9,290 SF
Year Built 2006

Spaces For Lease

at 5765 Commercial St SE Contact us

5765 Commercial St SE #150 $26 – $30/SF/Yr

Size
1,320 SF
Type
Strip Center
Term
Negotiable
Contact us

5765 Commercial St SE #160 $26 – $30/SF/Yr

Size
1,005 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Rushing Group
Listed By: Bo Rushing · License #OR #930800196
Source: Rushinggroup
Added: Mar 5 Changed: Aug 19 Last Checked: Aug 19 at 5:32AM

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 Rushing Group

Investment Insights

Based on property information with market context.

This property at 5765 Commercial St SE, Salem, OR, presents a leasing opportunity with 1,005 to 2,320 square feet of retail space. The location benefits from high traffic counts and a signalized intersection at Commercial Street and Wiltsey Road. Prime signage is available on Commercial Street. The property features a mix of established tenants. Lease rates are competitive, ranging from $26 to $30 per square foot annually, plus NNN. The location on South Commercial at Wiltsey offers access to favorable demographics and market presence.

Key Highlights

  • Prime location on Commercial Street with high traffic counts.
  • Competitive lease rate: $26‑30 per square foot annually +NNN.
  • Versatile retail space available: 1,005 to 2,320 SF.

Property Analytics

Current Use

19th At Battle Creek ... Restaurant Subway Take-out & Catering Spin City Laundromat (Bike/Boat/Book/etc) Store ATM Atm

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 97306, OR

34,715
Population
14,151
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
1,071
Density / Sq Mi
$89,773
Median Household Income
$50,931
Median Earnings
$1,455
Median Rent
$438,900
Median Home Value

Market

Lease Benchmarks for Salem, OR

$25.15 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
10,351 SF
Avg Space Size

This space is priced 3% above the average of $25.15 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile retail space in high-traffic Salem location.
Where is this retail space located?
The property is located at 5765 Commercial St SE Salem, OR.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Prime location on Commercial Street with high traffic counts.; Competitive lease rate: $26‑30 per square foot annually +NNN.; Versatile retail space available: 1,005 to 2,320 SF.
More about this property
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