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Shadow-Anchored Shopping Center
For Lease
Contact for pricing

2025-2423 Lancaster Dr NE, Salem, OR 97305

Retail space near medical, grocery, discount, and general merchandise operators.

Space Size6,080 SF
Days on Market1679

Property Features for 2025-2423 Lancaster Dr NE

General Information

Standard status Active
Size 6,080 SF
Property subtype RETAIL

Spaces For Lease

at 2025-2423 Lancaster Dr NE Contact us

2395 Lancaster Dr NE

Floor
1
Size
6,080 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located on busy Lancaster Dr NE with high traffic counts. - Just north of Willamette...
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Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Alex MacLean · License #201210849
Source: Moodyscre
Added: Jan 25, 2022 Changed: Aug 31 Last Checked: Jul 28 at 11:00AM

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 Commercial Realty Advisors Northwest LLC

Investment Insights

Based on property information with market context.

This shopping center offers 14,440 square feet of retail property along Lancaster Dr NE in Salem. The center is shadow anchored by Bi-Mart and Big Lots, with additional co-tenancy that includes Big 5 Sporting Goods, Banfield Pet Hospital, Ross Dress for Less, La Tapatia Supermarket, Five Guys Burgers and Fries, and Party Mart.

The property is positioned north of Willamette Town Center and opposite a Kaiser Permanente medical office. Nearby retailers include Walmart Supercenter, PetSmart, Fred Meyer, Grocery Outlet, Dollar Tree, Safeway, Les Schwab Tire Center, and Planet Fitness, creating a broad surrounding retail mix.

Key Highlights

  • 14,440 SF shopping center along Lancaster Dr NE
  • Shadow anchored by Bi‑Mart and Big Lots
  • Across from a Kaiser Permanente medical office

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Travel Agency Restaurant (Bike/Boat/Book/etc) Store Fish Market

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

Location Intelligence

Trade Area within ½ mile

1,061
Businesses Nearby
Balanced
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space near medical, grocery, discount, and general merchandise operators.
Where is this shopping center located?
The property is located at 2025-2423 Lancaster Dr NE Salem, OR.
What are key features of this property?
This property features: 14,440 SF shopping center along Lancaster Dr NE; Shadow anchored by Bi‑Mart and Big Lots; Across from a Kaiser Permanente medical office
(503) 709-3563 Call to check price and availability
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