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Retail Building with On-Site Parking
For Lease
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2945 Liberty Rd S, Salem, OR 97302

Lease offering near major retail concentrations in south Salem with access from two established commercial streets.

Space Size19,095 SF
Days on Market509

Property Features for 2945 Liberty Rd S

General Information

Standard status Active
Size 19,095 SF
Property subtype RETAIL

Spaces For Lease

at 2945 Liberty Rd S Contact us

2945 Liberty Rd S $16/SF/Yr

Floor
Bldg
Size
19,095 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
19,095 SF retail building for lease located in the high-traffic, high-income demographic...
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Listing Agency: First Commercial Real Estate
Listed By: Jennifer Martin · License #200303194
Source: Moodyscre
Added: Apr 10, 2025 Changed: Aug 30 Last Checked: Aug 31 at 5:47PM

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 First Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail space comprises a 19,095-square-foot building available for lease. The property is positioned in south Salem near the junction of Liberty Road South and Commercial Street SE, placing it close to substantial retail activity. Site parking is provided at a ratio of 5.87 spaces per 1,000 square feet.

Key Highlights

  • 19,095 SF retail building available for lease
  • 5.87:1,000 parking ratio
  • At the confluence of Liberty Road South and Commercial Street SE

Property Analytics

Current Use

Office Depot Tech ... Tech Support Center FedEx ShipSite Postal Service Office Depot Print ... (Bike/Boat/Book/etc) Store Cary’s Bakeshop- Japanese ... Bakery Office Depot (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Storage Facility Locksmith

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

853
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

$34.1 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
10,545 SF
Avg Space Size

This space is priced 53% below the average of $34.1 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Lease offering near major retail concentrations in south Salem with access from two established commercial streets.
Where is this retail space located?
The property is located at 2945 Liberty Rd S Salem, OR.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 19,095 SF retail building available for lease; 5.87:1,000 parking ratio; At the confluence of Liberty Road South and Commercial Street SE
(503) 364-7400 Call to check price and availability
More about this property
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