Retail Space with LED Pylon
For Lease
$7,439/Mo
1991-1991 Lancaster Dr Ne, Salem, OR 97305
Located near Rent-a-Center and Bottle Drop in Salem.
Space SizeContact for details
Days on Market12
Property Features for 1991-1991 Lancaster Dr Ne
General Information
Standard status
Active
Listing Agency:
SMI REAL ESTATE
(503) 390-6060
Listed By:
ELESA DOLL · License #200708163
(503) 884-1273
Source:
Exprealty
Added: Sep 10
Changed: Sep 20
Last Checked: Sep 21 at 9:25AM
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 3,000-square-foot retail space is located at 1991-1991 Lancaster Dr NE in Salem, Oregon. The property includes brand-new LED monument and pylon signage, providing a prominent on-site identification feature.
The space is currently occupied under a lease extending through March 2027. Rent-a-Center and Bottle Drop anchor the surrounding property, establishing recognizable neighboring businesses at the Lancaster Dr NE location.
The space is currently occupied under a lease extending through March 2027. Rent-a-Center and Bottle Drop anchor the surrounding property, establishing recognizable neighboring businesses at the Lancaster Dr NE location.
Key Highlights
- 3,000‑square‑foot retail space
- Brand‑new LED monument and pylon signage
- Current lease extends through March 2027
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.46 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
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
$30.86 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
8,722 SF
Avg Space Size
This space is priced 4% below the average of $30.86 /SF/Yr.
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Located near Rent-a-Center and Bottle Drop in Salem.
Where is this retail space located?
The property is located at 1991-1991 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: 3,000‑square‑foot retail space; Brand‑new LED monument and pylon signage; Current lease extends through March 2027
