Search
Inline Retail Space
For Lease
Contact for pricing

1420 Lancaster Dr NE, Salem, OR 97301

Inline retail space available with tenant improvement options and estimated NNN charges listed in the asking terms.

Space Size4,200 SF
Days on Market429

Property Features for 1420 Lancaster Dr NE

General Information

Standard status Active
Size 4,200 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1420 Lancaster Dr NE Contact us

1420 Lancaster Dr NE $21/SF/Yr

Floor
Bldg
Size
4,200 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Asking rate $20/SF/YR NNN • NNN’s estimated at $4.75/SF annually • Inline space...
show more
Contact us
Listing Agency: First Commercial Real Estate
Listed By: Ruth Dana · License #900300123
Source: Moodyscre
Added: Jun 10, 2025 Changed: Aug 8 Last Checked: Aug 12 at 5:17AM

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 inline retail space is available for lease and can be tailored with tenant improvements for qualified tenants. The asking rate is listed as $20/SF/year on an NNN basis, with NNN estimated at $4.75/SF annually. The offering includes lease terms and TI availability details for prospective tenants.

The property is described as having parking and visibility suitable for retail foot traffic and customer access.

The space is presented as an inline unit within a retail setting, providing a straightforward configuration for retailers seeking a ready retail location with potential buildout support.

Key Highlights

  • Asking rate: $20/SF/yr NNN
  • Estimated NNN charges: $4.75/SF annually
  • Inline retail space available with tenant improvement options

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Daycare Center HVAC Service Big Box & Wholesale Store Auto Parts Store Law Firm

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

1,035
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Lease Benchmarks for Salem, OR

$24.55 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
10,042 SF
Avg Space Size

This space is priced 14% below the average of $24.55 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Inline retail space available with tenant improvement options and estimated NNN charges listed in the asking terms.
Where is this retail space located?
The property is located at 1420 Lancaster Dr NE Salem, OR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Asking rate: $20/SF/yr NNN; Estimated NNN charges: $4.75/SF annually; Inline retail space available with tenant improvement options
(503) 364-7400 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message