Retail Suite with Established
1915-1991 Lancaster Dr Ne, Salem, OR 97317
For Lease
$7,439/Mo
Retail space in Lancaster Center near Bottle Drop, Verizon, and RAC.
Space SizeContact for details
Days on Market96
Property Features for 1915-1991 Lancaster Dr Ne
General Information
Standard status
Site & Location
Neighborhood
Anchor Co-Tenants
Additional Details
Available From
Building Details
Tenancy
Listing Agency:
SMI REAL ESTATE
(503) 390-6060
Listed By:
ELESA DOLL · License OR #200708163
(503) 884-1273
Source:
Exprealty
Added: Aug 7
Changed: Nov 5
Last Checked: Nov 8 at 12:00PM
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 SMI REAL ESTATE
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Investment Insights
Based on property information with market context.
Suite 1991 offers 5,251 square feet of retail space within Lancaster Center. The center’s identified co-tenants include Bottle Drop, Verizon, and RAC, providing an established retail setting for the available premises.
The suite is located at 1915-1991 Lancaster Dr NE in Salem, Oregon. Availability is scheduled for March 2027, giving prospective occupants a defined timeline for planning and evaluation.
The suite is located at 1915-1991 Lancaster Dr NE in Salem, Oregon. Availability is scheduled for March 2027, giving prospective occupants a defined timeline for planning and evaluation.
Key Highlights
- 5,251 square feet of retail space
- Suite 1991 scheduled to be available 03‑2027
- Located within Lancaster Center
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Explore this area
Business Placement
Demographics for 97317, OR
25,852
Population
9,024
Households
2.9
Avg Household Size
38
Median Age
22%
College-Educated
86%
High-School Grad
55.2 sq mi
ZIP Area
468
Density / Sq Mi
$81,208
Median Household Income
$39,794
Median Earnings
$1,370
Median Rent
$382,500
Median Home Value
Market
Lease Benchmarks for Salem, OR
$28.93 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,845 SF
Avg Space Size
This space is priced 41% below the average of $28.93 /SF/Yr.
Properties on Market for Retail space in Salem
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in Lancaster Center near Bottle Drop, Verizon, and RAC.
Where is this retail space located?
The property is located at 1915-1991 Lancaster Dr Ne Salem, OR.
What is the lease rate?
The lease rate is $7,439/Mo.
What are key features of this property?
This property features: 5,251 square feet of retail space; Suite 1991 scheduled to be available 03‑2027; Located within Lancaster Center
