Retail Building with On-Site
For Lease
Contact for pricing
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 Market555
Property Features for 2945 Liberty Rd S
General Information
Standard status
Active
Size
19,095 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 2945 Liberty Rd S
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 area of south Salem at the confluence of Liberty Road South and Commercial Street SE, and near some of the largest concentrations of retailers in Salem. Parking ratio for the site is 5.87:1,000.
Contact us
Listing Agency:
First Commercial Real Estate
(503) 364-7400
Listed By:
Jennifer Martin · License #200303194
(503) 559-2694
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Oct 10
Last Checked: Oct 15 at 1:36AM
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
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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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Salem, OR
$30.36 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
8,079 SF
Avg Space Size
This space is priced 47% below the average of $30.36 /SF/Yr.
Vacancy Rate% for Retail in West region
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
