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Open-Plan Retail Space
New
For Lease
$1,620/Mo

1820 Lancaster Dr Ne, Salem, OR 97305

Flexible interior layout can accommodate office or retail use.

Space SizeContact for details
Days on Market6

Property Features for 1820 Lancaster Dr Ne

General Information

Standard status Active
Listing Agency: SHARON WOODS REAL ESTATE
Listed By: SHARON WOODS · License #810200001
Source: Exprealty
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 3:00PM

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 SHARON WOODS REAL ESTATE

Investment Insights

Based on property information with market context.

The 1,200-square-foot retail space is arranged with two expansive rooms, a compact kitchen area, and two bathrooms. Its open interior supports office or retail use.

Key Highlights

  • 1,200 square feet of retail space
  • Two expansive rooms with a compact kitchen area
  • Two bathrooms

Property Analytics

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Open Analytics

Current Use

Primos Detail Inc Car Wash Internacional cookware inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm Auto Repair Shop

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
$2.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,002
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salem, OR

$30.86 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
8,722 SF
Avg Space Size

This space is priced 48% below the average of $30.86 /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 - Flexible interior layout can accommodate office or retail use.
Where is this retail space located?
The property is located at 1820 Lancaster Dr Ne Salem, OR.
What is the lease rate?
The lease rate is $1,620/Mo.
What are key features of this property?
This property features: 1,200 square feet of retail space; Two expansive rooms with a compact kitchen area; Two bathrooms
More about this property
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