Shopping Center With Established
1915 LANCASTER DR, Salem, OR 97305
For Lease
Contact for pricing
Multi-tenant retail property at 1915 Lancaster Dr in Salem, Oregon, featuring three named anchor tenants.
Space Size3,000 SF
Days on Market57
Property Features for 1915 LANCASTER DR
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Spaces For Lease
at 1915 LANCASTER DR
#1
Active
Size
3,000 SF
Listing Agency:
SMI Real Estate
Listed By:
Elesa Doll · License OR #200708163
(503) 884-1273
Source:
Crexi
Added: Sep 15
Changed: Nov 1
Last Checked: Nov 10 at 8:28AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Lancaster Center is a shopping center located at 1915 Lancaster Dr in Salem, Oregon. The property features Bottle Drop, Verizon, and RAC as named anchor tenants, creating an established multi-tenant retail setting. The center is positioned for businesses seeking space alongside recognizable retail and service occupants.
Key Highlights
- Three named anchor tenants: Bottle Drop, Verizon, and RAC
- Shopping center located at 1915 Lancaster Dr, Salem, OR 97305
- Established multi‑tenant retail setting
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$18.45 /SF/Yr
Avg Asking Price
$10–$29.76 /SF/Yr
Price Range
15,175 SF
Avg Space Size
Properties on Market for Shopping centers in Salem
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Market Square — Hawthorne Ave NE, Salem, OR 97301
- Coinstar Kiosk - Bitcoin ATM — Kroger - Fred Meyer Inc, 3740 Market St NE, Salem, OR 97301
- Roseland Center — Salem, OR 97301
- LanSunny Plaza — 1970 Lancaster Dr NE, Salem, OR 97305
- Village East Shopping Center — 2421 Lancaster Dr NE, Salem, OR 97305
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail property at 1915 Lancaster Dr in Salem, Oregon, featuring three named anchor tenants.
Where is this shopping center located?
The property is located at 1915 LANCASTER DR Salem, OR.
What are key features of this property?
This property features: Three named anchor tenants: Bottle Drop, Verizon, and RAC; Shopping center located at 1915 Lancaster Dr, Salem, OR 97305; Established multi‑tenant retail setting
