Freestanding Retail Building with
For Sale
Contact for pricing
3965-3985 Rich Dr NE, Salem, OR 97305
Freestanding retail building is fully leased to two tenants and includes 17 striped parking spaces.
Property Size3,125 SF
Lot Size0.25 Acres
Days on Market27
Property Features for 3965-3985 Rich Dr NE
General Information
Standard status
Active
Size
3,125 SF
Total Parking Spaces
17
Lot size
0.25 Acres
Property subtype
Retail
Additional Details
Cap Rate
7%
Building Details
Year Built
1998
Tenancy
Multi
Listing Agency:
(503) 706-0562
Listed By:
Zach Reichle · License #OR #201246634
Source:
Macadamforbes
Added: Jul 4
Changed: Jul 23
Last Checked: Jul 30 at 4:40AM
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 Zach Reichle
Investment Insights
Based on property information with market context.
The property is a 3,125-square-foot freestanding retail building situated on 0.25 acres and presented in a clean, low-maintenance profile. It is fully leased to two long-tenured tenants, Odd Moe's Pizza and Jackson Hewitt Tax Service, both operating at the location for over two decades. The offering is structured as a turnkey investment, supported by on-site striped parking with 17 dedicated spaces.
Located at 3965-3985 Rich Dr NE in Salem, Oregon’s capital city, the building sits just off Lancaster Drive NE and is positioned for straightforward customer access with on-site parking.
Located at 3965-3985 Rich Dr NE in Salem, Oregon’s capital city, the building sits just off Lancaster Drive NE and is positioned for straightforward customer access with on-site parking.
Key Highlights
- 3,125‑SF freestanding retail building built in 1998
- Fully leased to two tenants: Odd Moe's Pizza and Jackson Hewitt Tax Service
- Both tenants have operated at this location for over two decades
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
Demographics for 97305, OR
44,535
Population
15,219
Households
2.9
Avg Household Size
33
Median Age
16%
College-Educated
77%
High-School Grad
47.2 sq mi
ZIP Area
944
Density / Sq Mi
$64,581
Median Household Income
$32,554
Median Earnings
$1,386
Median Rent
$339,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building is fully leased to two tenants and includes 17 striped parking spaces.
Where is this retail space located?
The property is located at 3965-3985 Rich Dr NE Salem, OR.
What are key features of this property?
This property features: 3,125‑SF freestanding retail building built in 1998; Fully leased to two tenants: Odd Moe's Pizza and Jackson Hewitt Tax Service; Both tenants have operated at this location for over two decades