Retail Suite in Shopping
1991 LANCASTER DR, Salem, OR 97305
For Lease
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Suite 1991 offers retail space within Lancaster Center, supported by established center anchors.
Space Size5,251 SF
Days on Market58
Property Features for 1991 LANCASTER DR
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Anchor Co-Tenants
Additional Details
Available From
Building Details
Tenancy
Spaces For Lease
at 1991 LANCASTER DR
#1
Active
Size
5,251 SF
Listing Agency:
SMI Real Estate
Listed By:
Elesa Doll · License OR #200708163
(503) 884-1273
Source:
Crexi
Added: Sep 15
Changed: Nov 8
Last Checked: Nov 10 at 5:10AM
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 is a retail space at Lancaster Center, located at 1991 Lancaster Dr in Salem, Oregon. The center is anchored by Bottle Drop, Verizon, and RAC, providing an established retail setting for the available space.
The suite is scheduled to become available in 03-2027. Its placement within Lancaster Center offers a tenant location alongside the named anchor businesses and other center occupants.
The suite is scheduled to become available in 03-2027. Its placement within Lancaster Center offers a tenant location alongside the named anchor businesses and other center occupants.
Key Highlights
- Retail space at Lancaster Center
- Anchored by Bottle Drop, Verizon, and RAC
- Suite 1991 available 03‑2027
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
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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
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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
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 - Suite 1991 offers retail space within Lancaster Center, supported by established center anchors.
Where is this retail space located?
The property is located at 1991 LANCASTER DR Salem, OR.
What are key features of this property?
This property features: Retail space at Lancaster Center; Anchored by Bottle Drop, Verizon, and RAC; Suite 1991 available 03‑2027
