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Anchored Shopping Center Space
For Lease
$7,439/Mo

1991 Lancaster Dr Unit 1915, Salem, OR 97305

Retail space in a Salem shopping center with Bottle Drop, Verizon, and RAC as named anchors.

Space SizeContact for details
Property Size5,251 SF
Days on Market13

Property Features for 1991 Lancaster Dr Unit 1915

General Information

Standard status Active
Size 5,251 SF
Property subtype Retail(Combined)

Additional Details

Available From 2027-03
Anchor Co-Tenants Bottle Drop, Verizon, RAC

Building Details

Building Size 5,251 SF
Tenancy Multi
Listing Agency: SMI REAL ESTATE
Listed By: ELESA DOLL · License #200708163
Source: Harcourtselite
Added: Aug 7 Changed: Aug 14 Last Checked: Aug 18 at 4:27AM

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 retail space is located within a shopping center at 1991 Lancaster Dr in Salem, Oregon. The center is anchored by Bottle Drop, Verizon, and RAC, providing an established multi-tenant retail setting. Availability is scheduled for March 2027. The property address identifies Unit 1915, while the public remarks reference Suite 1991; the conflicting suite details are therefore not repeated as a single identifier.

Key Highlights

  • Shopping center anchored by Bottle Drop, Verizon, and RAC
  • Located at 1991 Lancaster Dr in Salem, OR 97305‑1041
  • Availability scheduled for 03‑2027

Property Analytics

Current Use

Verizon Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Gym & Fitness Center

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
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Similar Off Market Nearby

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  • 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 - Retail space in a Salem shopping center with Bottle Drop, Verizon, and RAC as named anchors.
Where is this shopping center located?
The property is located at 1991 Lancaster Dr Unit 1915 Salem, OR.
What is the lease rate?
The lease rate is $7,439/Mo.
What are key features of this property?
This property features: Shopping center anchored by Bottle Drop, Verizon, and RAC; Located at 1991 Lancaster Dr in Salem, OR 97305‑1041; Availability scheduled for 03‑2027
More about this property
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