Absolute Net Ground
For Sale
Contact for pricing
2595 Lancaster Drive NE, Salem, OR 97305
Renovated Popeyes restaurant with an initial lease term extending 14 years.
Property SizeContact for details
Days on Market145
Property Features for 2595 Lancaster Drive NE
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq
(503) 998-6572
Listed By:
Kevin Adatto · License #WA 85667
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 2:14AM
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 Northmarq
Investment Insights
Based on property information with market context.
This absolute net ground lease is associated with a Popeyes restaurant at 2595 Lancaster Drive NE in Salem, Oregon. The location opened in 2017 and has undergone renovation, providing a contemporary operating site for the restaurant use.
The initial lease term has 14 years remaining. The property is operated by an experienced West Coast restaurant operator, as identified in the offering information.
The initial lease term has 14 years remaining. The property is operated by an experienced West Coast restaurant operator, as identified in the offering information.
Key Highlights
- Absolute net ground lease for a Popeyes restaurant
- 14 years remaining on the initial lease term
- Renovated restaurant location opened in 2017
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
955
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
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Renovated Popeyes restaurant with an initial lease term extending 14 years.
Where is this nnn property located?
The property is located at 2595 Lancaster Drive NE Salem, OR.
What are key features of this property?
This property features: Absolute net ground lease for a Popeyes restaurant; 14 years remaining on the initial lease term; Renovated restaurant location opened in 2017
