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Retail Space in Oak Park Plaza
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3278-3380 Lancaster Dr NE, Salem, OR

Retail space available in high-volume, Safeway-anchored shopping center.

Space Size1,226 SF - 1,553 SF
Lot Size11.72 Acres
Days on Market1306

Property Features for 3278-3380 Lancaster Dr NE

General Information

Standard status Active
Size 1,226 SF - 1,553 SF
Lot size 11.72 Acres
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood North Lancaster Neighborhood Association (Nola)

Spaces For Lease

at 3278-3380 Lancaster Dr NE Contact us

3306 Lancaster Dr NE $24/SF/Yr

Floor 1
Size 1,226 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Finished open floor plan retail space with one (1) ADA restroom at the rear. - Excellent visibility and signage to busy Lancaster Dr. NE. - Can be combined with adjacent suite 3304 for 2,763 SF total. - Approximate dimensions are 20' x 58'. - Oak Park Plaza Shopping Center is an attractive, high-volume, Safeway-anchored neighborhood retail center located along busy Lancaster Dr. NE at Silverton Rd. NE in the expanding northeast Salem trade area. - The center was extensively remodeled in 2012 with the addition of a new multi-tenant pad building completed in 2014. - Oak Park Plaza offers a strong and diverse tenant mix of notable national and regional retailers, restaurants and service providers, including: Safeway, Ace Hardware, Starbucks, AutoZone, CSL Plasma, Jimmy John's, Little Caesars, T-Mobile, Papa Murphy's, Mariner Finance, H&R Block and many more!
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3304 Lancaster Dr NE $24/SF/Yr

Floor 1
Size 1,553 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Space was fully built-out new from shell in 2016, including all plumbing, electrical, mechanicals, fixtures and finishes. - Suitable for retail and professional service tenants. - Space includes large breakroom, IT & storage closet and single ADA restroom. - Excellent visibility and building signage to Lancaster Dr. NE. - Oak Park Plaza Shopping Center is an attractive, high-volume, Safeway-anchored neighborhood retail center located along busy Lancaster Dr. NE at Silverton Rd. NE in the expanding northeast Salem trade area. - The center was extensively remodeled in 2012 with the addition of a new multi-tenant pad building completed in 2014. - Oak Park Plaza offers a strong and diverse tenant mix of notable national and regional retailers, restaurants and service providers, including: Safeway, Ace Hardware, Starbucks, AutoZone, CSL Plasma, Jimmy John's, Little Caesars, T-Mobile, Papa Murphy's, Mariner Finance, H&R Block and many more!
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Listing Agency: Coho Commercial
Listed By: Jeff Corner · License #970700065
Source: Moodyscre
Added: Apr 3, 2023 Changed: Oct 26 Last Checked: Oct 28 at 12:16PM

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 Coho Commercial

Rey
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Investment Insights

Based on property information with market context.

This 1,553-square-foot retail space is located in the Oak Park Plaza Shopping Center, a high-volume, Safeway-anchored neighborhood retail center on Lancaster Dr. NE at Silverton Rd. NE in northeast Salem. The space was built-out new from shell in 2016, including all plumbing, electrical, mechanicals, fixtures and finishes. It is suitable for retail and professional service tenants. The space includes a large breakroom, IT & storage closet and a single ADA restroom. The shopping center was extensively remodeled in 2012, with a new multi-tenant pad building completed in 2014. Oak Park Plaza offers a tenant mix of national and regional retailers, restaurants and service providers, including Safeway, Ace Hardware, Starbucks, AutoZone, CSL Plasma, Jimmy John's, Little Caesars, T-Mobile, Papa Murphy's, Mariner Finance, and H&R Block. The space offers excellent visibility and building signage to Lancaster Dr. NE.

Key Highlights

  • Excellent visibility and building signage on Lancaster Dr. NE.
  • Located in high‑volume, Safeway‑anchored Oak Park Plaza Shopping Center.
  • Strong tenant mix of national and regional retailers (Safeway, Starbucks, Ace Hardware, etc.).

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon

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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salem, OR

$18.45 /SF/Yr
Avg Asking Price
$10–$29.76 /SF/Yr
Price Range
14,481 SF
Avg Space Size

This space is priced 30% above the average of $18.45 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

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  • Oak Park Plaza — 3000 block of, Lancaster Dr NE, Salem, OR 97305

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in high-volume, Safeway-anchored shopping center.
Where is this shopping center located?
The property is located at 3278-3380 Lancaster Dr NE Salem, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Excellent visibility and building signage on Lancaster Dr. NE.; Located in high‑volume, Safeway‑anchored Oak Park Plaza Shopping Center.; Strong tenant mix of national and regional retailers (Safeway, Starbucks, Ace Hardware, etc.).
(503) 584-1838 Call to check price and availability
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