Prime Retail Space on
For Lease
$24 SF/Yr NNN + CAM $5.94 /SF/Yr
4336 - 4340 Commercial St, Salem, OR 97302
Versatile spaces suitable for retail, restaurant, office, or fitness uses.
Space Size921 SF - 3,000 SF
Property Size10,162 SF
Days on Market239
Property Features for 4336 - 4340 Commercial St
General Information
Standard status
Active
Size
921 SF - 3,000 SF
Property subtype
Retail
Lease Term
NNN
Site & Location
Neighborhood
Faye Wright Neighborhood Association
Building Details
Building Size
10,162 SF
Spaces For Lease
at 4336 - 4340 Commercial St Contact us4336 Commercial ST $28 – $36/SF/Yr
Size
2,393 SF
Type
Street Retail
Term
Negotiable
4336 Commercial St $26 – $38/SF/Yr
Size
1,472 SF
Type
Street Retail
Term
Negotiable
4336 Commercial Street SE $26 – $38/SF/Yr
Size
921 SF
Type
Street Retail
Term
Negotiable
4340 Commercial St $24 – $28/SF/Yr
Size
3,000 SF
Type
Strip Center
Term
Negotiable
4340 Commercial Street SE #120 $24 – $28/SF/Yr
Size
1,025 SF
Type
Strip Center
Term
Negotiable
Suite 170 - Retail $26 – $28/SF/Yr
Size
1,975 SF
Type
Strip Center
Term
Negotiable
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Listing Agency:
Rushing Group
Listed By:
Bo Rushing · License #OR #930800196
(503) 588-8500
Source:
Rushinggroup
Added: Mar 5
Changed: Oct 28
Last Checked: Oct 28 at 5:16AM
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 Rushing Group
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Investment Insights
Based on property information with market context.
Located on South Commercial Street, this property offers multiple spaces suitable for various commercial uses. One space, measuring 2,792 square feet, is partially set up as a restaurant, featuring a walk-up ordering window, stubbed-in plumbing and electrical systems, framed walls that can be relocated, and a parking area in the back. An adjacent 1,608-square-foot suite is ready for a restaurant with a 12-foot hood, drive-through window, and open seating area. These suites can be combined for larger requirements or leased separately. Additionally, a 1,900-square-foot suite in the back building includes a spacious front room, two back offices, and two full bathrooms with ADA showers, making it suitable for a physical therapy office, fitness studio, office, beauty bar, or boutique. The property benefits from prime signage on South Commercial Street and a central location at the intersection of Sunnyside and Commercial Street. The location offers seamless access to major thoroughfares and prime visibility for retailers. Lease rates range from $24 to $28 per square foot per year for the back building and $38 to $45 per square foot per year for the front drive-thru space, with current CAM/NNN estimated at $5.94 per square foot annually.
Key Highlights
- Prime location on South Commercial Street with high visibility and seamless access to major thoroughfares.
- Versatile spaces ranging from 1,900 to 2,792 SF, suitable for various businesses.
- Restaurant‑ready suites available, including one with a 12' hood and drive‑through window.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.94 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
Explore this area
Business Placement
Demographics for 97302, OR
39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Salem, OR
$29.93 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,878 SF
Avg Space Size
This space is priced 20% below the average of $29.93 /SF/Yr.
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Versatile spaces suitable for retail, restaurant, office, or fitness uses.
Where is this retail space located?
The property is located at 4336 - 4340 Commercial St Salem, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location on South Commercial Street with high visibility and seamless access to major thoroughfares.; Versatile spaces ranging from 1,900 to 2,792 SF, suitable for various businesses.; Restaurant‑ready suites available, including one with a 12' hood and drive‑through window.
