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Retail Store in Shopping Center
For Lease
$4,250/Mo

1915 Lancaster Dr Unit 1915, Salem, OR 97305

Unit 1915 available in a high-traffic Lancaster Center shopping center anchored by Bottle Drop, Verizon, and RAC.

Space SizeContact for details
Property Size3,000 SF
Days on Market707

Property Features for 1915 Lancaster Dr Unit 1915

General Information

Standard status Active
Size 3,000 SF
Property subtype Retail(Combined)

Additional Details

Anchor Co-Tenants Bottle Drop, Verizon, RAC

Building Details

Building Size 3,000 SF
Tenancy Multi
Listing Agency: SMI REAL ESTATE
Listed By: ELESA DOLL · License #200708163
Source: Harcourtselite
Added: Sep 5, 2024 Changed: Aug 8 Last Checked: Aug 11 at 12:21PM

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

Investment Insights

Based on property information with market context.

This listing offers a retail unit available within Lancaster Center, a shopping center anchored by Bottle Drop, Verizon, and RAC. The space is presented as an opportunity to join an existing tenant mix within the center.

The center is described as having strong visibility and high traffic counts. The provided remarks also note that the location is normally fully occupied, indicating an established retail environment with consistent demand.

The available suite is identified as Unit 1915 at 1915 Lancaster Dr in Salem, OR 97305-1041.

Key Highlights

  • Retail unit in Lancaster Center shopping center
  • Unit identified as 1915
  • Anchored by Bottle Drop

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby
Balanced
Demand for This Use

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Village East Shopping Center 2421 Lancaster Dr NE, Salem, OR 97305
  • LanSunny Plaza 1970 Lancaster Dr NE, Salem, OR 97305
  • Market Square Hawthorne Ave NE, Salem, OR 97301
  • Roseland Center Salem, OR 97301
  • Coinstar Kiosk - Bitcoin ATM Kroger - Fred Meyer Inc, 3740 Market St NE, Salem, OR 97301

Frequently Asked Questions

What type of property is this?
Shopping center - Unit 1915 available in a high-traffic Lancaster Center shopping center anchored by Bottle Drop, Verizon, and RAC.
Where is this shopping center located?
The property is located at 1915 Lancaster Dr Unit 1915 Salem, OR.
What is the lease rate?
The lease rate is $4,250/Mo.
What are key features of this property?
This property features: Retail unit in Lancaster Center shopping center; Unit identified as 1915; Anchored by Bottle Drop
More about this property
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