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Retail Space with Established Anchors
For Lease
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1915 Lancaster Dr Ne, Salem, OR 97317

Available retail space at Lancaster Center is positioned alongside Bottle Drop, Verizon, and RAC.

Space SizeContact for details
Days on Market8

Property Features for 1915 Lancaster Dr Ne

General Information

Standard status Active
Listing Agency: SMI Commercial Real Estate LLC
Listed By: Elesa Doll · License #200708163
Source: Exprealty
Added: Aug 26 Changed: Sep 1 Last Checked: Sep 1 at 9:14PM

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 Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This 3,000-square-foot retail space is located within Lancaster Center at 1915 Lancaster Dr NE in Salem, Oregon. The center includes Bottle Drop, Verizon, and RAC as established occupants, providing a setting with multiple recognized retail and service businesses.

The property is offered for rent and provides a presence within an existing commercial center. Its location within Lancaster Center supports a straightforward retail format for businesses seeking space alongside these named occupants.

Key Highlights

  • 3,000 square feet of retail space
  • Located within Lancaster Center
  • Established occupants include Bottle Drop, Verizon, and RAC

Property Analytics

Current Use

DATT Express Salem ... Shipping Company Estafeta Salem Shipping Company

Suggested Use

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

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

990
Businesses Nearby

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

$34.1 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
10,545 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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Frequently Asked Questions

What type of property is this?
Retail space - Available retail space at Lancaster Center is positioned alongside Bottle Drop, Verizon, and RAC.
Where is this retail space located?
The property is located at 1915 Lancaster Dr Ne Salem, OR.
What are key features of this property?
This property features: 3,000 square feet of retail space; Located within Lancaster Center; Established occupants include Bottle Drop, Verizon, and RAC
More about this property
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