Spaces For Lease

at 2025-2423 Lancaster Dr NE

2395 Lancaster Dr NE AVAILABLE, Now

Floor 1

Size 6,080 SF

Type RETAIL

Rate Contact for pricing

Sublease No

- Located on busy Lancaster Dr NE with high traffic counts. - Just north of Willamette Town Center and across the street from Kaiser Permanente Medical Office. - Shadow anchored by Bi-Mart and Big Lots. - Other co-tenants include Big 5 Sporting Goods, Banfield Pet Hospital, Ross Dress for Less, La Tapatia Supermarket, Five Guys Burgers and Fries, Party Mart and many more. - Other nearby retailers include Walmart Supercenter, PetSmart, Fred Meyer, Grocery Outlet, Dollar Tree, Safeway, Les Schwab Tire Center and Planet Fitness.

Contact us

Listing Agency: Commercial Realty Advisors Northwest LLC Show Phone

Listed By: Alex MacLean · License #201210849 Show Phone

Source: Moodyscre

Added: Jan 25, 2022 Changed: Sep 14 Last Checked: Oct 15 at 2:48AM

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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

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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

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Gym & Fitness Center

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

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

Lease Benchmarks for Salem, OR

$18.45 /SF/Yr

Avg Asking Price

$10–$29.76 /SF/Yr

Price Range

14,481 SF

Avg Space Size

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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Similar Off Market Nearby

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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