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Single-Tenant Retail Asset
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525 9th St NW, Salem, OR 97304

Single-tenant Mud Bay offering within The Pointe at Glen Creek Class A retail center.

Property SizeContact for details
Days on Market122

Property Features for 525 9th St NW

General Information

Standard status Active
Class A
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Northmarq
Listed By: Kevin Adatto · License #WA 85667
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 8:47AM

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 Northmarq

Investment Insights

Based on property information with market context.

This offering presents a single-tenant Mud Bay located within The Pointe at Glen Creek, described as a brand-new Class A retail center. Mud Bay is a Washington-based private, 100% employee-owned retailer. The property is presented as having leasing momentum supported by additional new tenants at the center, including Davita Dialysis, Gilgamesh Brewing, OnPoint Community Credit Union, and Gentle Dental.

The center is prominently located on Wallace Road in West Salem, identified in the remarks as the area’s preeminent commuter and retail arterial.

The offering highlights Mud Bay’s steady growth over the past 30 years, including five new stores opening in 2020.

Key Highlights

  • Single‑tenant Mud Bay in The Pointe at Glen Creek Class A retail center
  • Center leasing momentum includes Davita Dialysis, Gilgamesh Brewing, OnPoint Community Credit Union, and Gentle Dental
  • Mud Bay located on Wallace Road, West Salem’s preeminent commuter and retail arterial

Property Analytics

Current Use

Mud Bay (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Electrical Service HVAC Service Kitchen & Bath Showroom Plumbing Service Hotel & Motel

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97304, OR

34,102
Population
14,547
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
56.8 sq mi
ZIP Area
600
Density / Sq Mi
$91,731
Median Household Income
$53,370
Median Earnings
$1,441
Median Rent
$469,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Single-tenant Mud Bay offering within The Pointe at Glen Creek Class A retail center.
Where is this shopping center located?
The property is located at 525 9th St NW Salem, OR.
What are key features of this property?
This property features: Single‑tenant Mud Bay in The Pointe at Glen Creek Class A retail center; Center leasing momentum includes Davita Dialysis, Gilgamesh Brewing, OnPoint Community Credit Union, and Gentle Dental; Mud Bay located on Wallace Road, West Salem’s preeminent commuter and retail arterial
(503) 998-6572 Call to check price and availability
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