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Vacant Retail Space
New
For Lease
$29.99 SF/Yr

1252 23rd Street SE, Salem, OR 97302

Vacant retail premises are available for lease in Salem, Oregon.

Space Size2,035 SF
Property Size13,108 SF
Days on Market4

Property Features for 1252 23rd Street SE

General Information

Standard status Active
Size 2,035 SF
Net Rentable 2,035 SF
Property subtype Retail
Lease Term NNN

Space & Availability

Available Space 2,035 SF
Contiguous Space 2,035 SF

Building Details

Building Size 13,108 SF
Year Built 2009

Spaces For Lease

at 1252 23rd Street SE Contact us

VACANT $29.99/SF/Yr

Size
2,035 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: Rushing Group
Listed By: Bo Rushing · License #OR #930800196
Source: Rushinggroup
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 16 at 4:17AM

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 vacant retail space offers approximately 2,035 square feet for lease at 1252 23rd Street SE in Salem, Oregon. The building was constructed in 2009 and is classified as retail space.

The property is positioned within Salem’s commercial area along 23rd Street SE, providing a street-addressed setting for retail occupancy.

Key Highlights

  • Approximately 2,035 SF of retail space
  • Vacant space available for lease
  • Constructed in 2009

Property Analytics

Current Use

May's Landing Apartments Apartment Building Sparky's Brewing Company Production Facility Hawaiian Time Restaurant Spin City Laundromat (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Pharmacy Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Food Market

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value

Market

Lease Benchmarks for Salem, OR

$24.55 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
10,042 SF
Avg Space Size

This space is priced 22% above the average of $24.55 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Vacant retail premises are available for lease in Salem, Oregon.
Where is this retail space located?
The property is located at 1252 23rd Street SE Salem, OR.
What is the lease rate?
The lease rate is $29.99 SF/Yr.
What are key features of this property?
This property features: Approximately 2,035 SF of retail space; Vacant space available for lease; Constructed in 2009
More about this property
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