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Retail Space in Anchored Center
For Lease
$4,260/Mo

1901 Lancaster Dr NE, Salem, OR 97305

A 3,000-square-foot space is available in a retail center with Bottle Drop, Verizon, and RAC as anchors.

Space SizeContact for details
Property Size3,000 SF
Days on Market85

Property Features for 1901 Lancaster Dr NE

General Information

Standard status Active
Size 3,000 SF
Zoning CR

Site & Location

Neighborhood North East Salem Community Association (Nesca)

Building Details

Building Size 3,000 SF
Listing Agency: Smi Real Estate
Listed By: Elesa Doll · License #200708163
Source: Horsepowerrealestateproperties
Added: Aug 7 Changed: Oct 29 Last Checked: Oct 29 at 2:46PM

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 Smi Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,000-square-foot retail space is offered for lease within Lancaster Center, a retail center anchored by Bottle Drop, Verizon, and RAC. The CR zoning designation is also identified for the property.

The center is at 1901 Lancaster Dr NE in Salem, Oregon. The available space is part of a center with multiple established retail anchors.

Key Highlights

  • 3,000‑square‑foot retail space
  • Anchored by Bottle Drop, Verizon, and RAC
  • CR zoning

Property Analytics

Current Use

Mattress Factory Outlet Furniture & Home Goods Your Homestyle Fashion (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store 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
$2.56 /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

Market

Lease Benchmarks for Salem, OR

$29.93 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,878 SF
Avg Space Size

This space is priced 43% below the average of $29.93 /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

Frequently Asked Questions

What type of property is this?
Retail space - A 3,000-square-foot space is available in a retail center with Bottle Drop, Verizon, and RAC as anchors.
Where is this retail space located?
The property is located at 1901 Lancaster Dr NE Salem, OR.
What is the lease rate?
The lease rate is $4,260/Mo.
What are key features of this property?
This property features: 3,000‑square‑foot retail space; Anchored by Bottle Drop, Verizon, and RAC; CR zoning
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