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    Property profile

    3278-3380 Lancaster Dr NE Salem, OR 97305

    FOR LEASE
    Shopping centers
    Property ID
    US71-Q017459
    1,553 SF
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    3278-3380 Lancaster Dr NE, Salem, OR 97305 For Lease 1 / 2
    Contact for pricing 1,553 SF available
    3278-3380 Lancaster Dr NE, Salem, OR 97305
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    Property summary

    AI-generated overview

    - Space was fully built-out new from shell in 2016, including all plumbing, electrical, mechanicals, fixtures and finishes. - Suitable for retail and professional service tenants. - Space includes large breakroom, IT & storage closet and single ADA restroom. - Excellent visibility and building signage to Lancaster Dr. NE. - Oak Park Plaza Shopping Center is an attractive, high-volume, Safeway-anchored neighborhood retail center located along busy Lancaster Dr. NE at Silverton Rd. NE in the expanding northeast Salem trade area. - The center was extensively remodeled in 2012 with the addition of a new multi-tenant pad building completed in 2014. - Oak Park Plaza offers a strong and diverse tenant mix of notable national and regional retailers, restaurants and service providers, including: Safeway, Ace Hardware, Starbucks, AutoZone, CSL Plasma, Jimmy John's, Little Caesars, T-Mobile, Papa Murphy's, Mariner Finance, H&R Block and many more!

    Property profile

    Verified
    Property type Shopping centers
    Total area 1,553 SF
    UPID US71-Q017459

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    3278-3380 Lancaster Dr NE Salem, OR 97305
    Salem metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • $4,260/Mo
      Shopping Center Retail Space
      Unit 1915 is part of a multi-tenant center with Bottle Drop, Verizon, and RAC.
      1901 Lancaster Dr Unit: 1915, Salem, OR 97305
      View Details
    • $7,439/Mo
      Anchored Shopping Center Space
      Retail space in a Salem shopping center with Bottle Drop, Verizon, and RAC as named anchors.
      1991 Lancaster Dr Unit: 1915, Salem, OR 97305
      View Details
    • Contact for pricing
      1,571 sqft
      Endcap Retail Space
      Two suites offer flexible retail configurations with parking and convenient access to Lancaster Drive and Silverton Road.
      3815 Devonshire Ave NE, Salem, OR 97305
      View Details
    • New
      $4,250/Mo
      Retail Store in Shopping Center
      Unit 1915 available in a high-traffic Lancaster Center shopping center anchored by Bottle Drop, Verizon, and RAC.
      1915 Lancaster Dr Unit: 1915, Salem, OR 97305
      View Details
    • Contact for pricing
      1,105 sqft
      Retail Shops Endcap and Inline
      Leasing opportunity featuring one endcap and one inline retail suite with flexible terms in a CR-zoned property.
      3815 Devonshire Ave NE, Salem, OR 97305
      View Details
    • $25 SF/Yr
      3,750 sqft
      Drive-Through Retail Shell Space
      Planned retail development offering a drive-through option with shell space, restrooms, and partition walls.
      4885 Portland Rd Ne, Salem, OR 97305
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,125 SF
      Freestanding Retail Building with Parking
      Freestanding retail building is fully leased to two tenants and includes 17 striped parking spaces.
      3965-3985 Rich Dr NE, Salem, OR 97305
      View Details
    • New
      Contact for pricing
      2,583 SF
      Absolute NNN Retail Investment
      Absolute NNN retail asset with zero landlord obligations and a tenant commitment through April 2031.
      1940 Lancaster Drive Northeast, Salem, OR 97305
      View Details
    • $399,900
      1,013 SF
      Retail Space with CR Zoning
      Retail space with ductless heating and established building improvements in Salem.
      4055 Silverton Rd NE, Salem, OR 97305
      View Details
    • $399,900
      Specialty Property For Sale
      Offered for sale as a specialty commercial property at 4055 Silverton Rd in Salem, OR.
      4055 Silverton Rd, Salem, OR 97305
      View Details
    • New
      Contact for pricing
      Shopping Center Property
      For sale retail shopping center offered separately or alongside adjacent LanSunny Plaza.
      2138 Lancaster Dr., Salem, OR 97305
      View Details
    • $545,000
      2,336 SF
      Duplex with Gas-Log Fireplace Piping
      Well-maintained duplex on a cul-de-sac with fireplace piping for gas logs and updated interiors across both units.
      3624 Hermosa Ct NE, Salem, OR 97305
      View Details

    Similar Nearby for Lease

    • $7,439/Mo
      Anchored Shopping Center Space
      Retail space in a Salem shopping center with Bottle Drop, Verizon, and RAC as named anchors.
      1991 Lancaster Dr Unit: 1915, Salem, OR 97305
      View Details
    • $4,260/Mo
      Shopping Center Retail Space
      Unit 1915 is part of a multi-tenant center with Bottle Drop, Verizon, and RAC.
      1901 Lancaster Dr Unit: 1915, Salem, OR 97305
      View Details
    • Contact for pricing
      1,571 sqft
      Endcap Retail Space
      Two suites offer flexible retail configurations with parking and convenient access to Lancaster Drive and Silverton Road.
      3815 Devonshire Ave NE, Salem, OR 97305
      View Details
    • New
      $4,250/Mo
      Retail Store in Shopping Center
      Unit 1915 available in a high-traffic Lancaster Center shopping center anchored by Bottle Drop, Verizon, and RAC.
      1915 Lancaster Dr Unit: 1915, Salem, OR 97305
      View Details
    • Contact for pricing
      1,105 sqft
      Retail Shops Endcap and Inline
      Leasing opportunity featuring one endcap and one inline retail suite with flexible terms in a CR-zoned property.
      3815 Devonshire Ave NE, Salem, OR 97305
      View Details
    • Contact for pricing
      Retail Space with Drive-Through
      New-construction shell space includes restroom and partition walls for flexible retail configuration.
      4981 Portland Rd Unit: Ste 1, 2, 3, Salem, OR 97305
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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