Medical and Professional Office
1261 Lancaster Dr NE, Salem, OR 97301
For Lease
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Flexible suites with reception, private offices, workstations, and restrooms, available now with shared parking.
Space Size1,152 SF - 1,380 SF
Property Size6,950 SF
Days on Market140
Property Features for 1261 Lancaster Dr NE
General Information
Standard status
Size
Class
Property subtype
Zoning
Lease Term
Site & Location
Neighborhood
Building Details
Building Size
Spaces For Lease
at 1261 Lancaster Dr NE Contact usSuite 1261 $1.55/SF/Mo
Size
1,152 SF
Term
Negotiable
Suite 1281 $1.55/SF/Mo
Size
1,380 SF
Term
Negotiable
Listed By:
Terry Hancock, SIOR
(503) 370-2581
Source:
Hancockre
Added: Jun 24
Changed: Nov 3
Last Checked: Nov 10 at 7:17AM
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 Terry Hancock, SIOR
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Investment Insights
Based on property information with market context.
Suite 1261 offers approximately 1,152 SF and is available for immediate occupancy for a professional office or medical office tenant. The space includes a welcoming reception area, private offices, private work stations, and restrooms. The most recent tenant was a dentist, and some related infrastructure remains in place, which may help streamline certain medical or service-oriented uses.
Suite 1281 is approximately 1,380 SF. The property provides shared parking and is zoned Mixed-Use III, with numerous uses allowable on premises. The suites are located at 1261 Lancaster Dr NE in Salem, Oregon.
These suites are well suited for professionals seeking a turn-key office layout with dedicated work areas and restroom facilities, along with the benefit of existing medical office infrastructure in Suite 1261. The Modified Gross lease structure and shared parking can simplify day-to-day occupancy. The stated lease rate is $1.55/SF.
Suite 1281 is approximately 1,380 SF. The property provides shared parking and is zoned Mixed-Use III, with numerous uses allowable on premises. The suites are located at 1261 Lancaster Dr NE in Salem, Oregon.
These suites are well suited for professionals seeking a turn-key office layout with dedicated work areas and restroom facilities, along with the benefit of existing medical office infrastructure in Suite 1261. The Modified Gross lease structure and shared parking can simplify day-to-day occupancy. The stated lease rate is $1.55/SF.
Key Highlights
- Suite 1261 offers 1,152 SF and is available for immediate occupancy for professional or medical office use
- Suite 1261 includes a welcoming reception, private offices, private work stations, and restrooms
- Suite 1281 is approximately 1,380 SF with numerous allowable uses on premises
Property Analytics
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Current Use
Lease Details
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Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
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Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
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Market
Lease Benchmarks for Salem, OR
$25.92 /SF/Yr
Avg Asking Price
$15–$51.76 /SF/Yr
Price Range
9,141 SF
Avg Space Size
Properties on Market for Office Units in Salem
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible suites with reception, private offices, workstations, and restrooms, available now with shared parking.
Where is this office unit located?
The property is located at 1261 Lancaster Dr NE Salem, OR.
What are key features of this property?
This property features: Suite 1261 offers 1,152 SF and is available for immediate occupancy for professional or medical office use; Suite 1261 includes a welcoming reception, private offices, private work stations, and restrooms; Suite 1281 is approximately 1,380 SF with numerous allowable uses on premises
