Neighborhood Retail Outparcel
For Lease
Contact for pricing
4450 Commercial St SE, Salem, OR 97302
Retail outparcel within a neighborhood shopping center anchored by Trader Joe’s, Ulta, and Petco at a signalized corner.
Space Size1,300 SF
Days on Market253
Property Features for 4450 Commercial St SE
General Information
Standard status
Active
Size
1,300 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Faye Wright Neighborhood Association
Traffic Count
44,000 vehicles/day
Spaces For Lease
at 4450 Commercial St SE
4450 Commercial St SE
AVAILABLE, Now
Floor
1
Size
1,300 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Neighborhood shopping center anchored by Trader Joe's, Ulta and Petco
- Superior visibility at the signalized corner of Commercial Street and Hilfiker Lane with traffic counts exceeding 44,000 VPD
- 160,400 residents within a 5 mile radius
Outparcel Opportunity
Contact us
Listing Agency:
Phillips Edison & Company - Corporate
(513) 554-1110
Listed By:
Josh O'Toole
(682) 452-6008
Source:
Moodyscre
Added: Feb 18
Changed: Oct 25
Last Checked: Oct 28 at 10:58AM
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 Phillips Edison & Company - Corporate
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Investment Insights
Based on property information with market context.
This retail outparcel opportunity sits within a neighborhood shopping center anchored by Trader Joe’s, Ulta, and Petco. The offering benefits from superior visibility at the signalized corner of Commercial Street and Hilfiker Lane.
The property is located at 4450 Commercial St SE in Salem, OR 97302. Traffic counts at the intersection exceed 44,000 vehicles per day, supporting strong day-to-day exposure for retail users.
Additional market context includes an estimated 160,400 residents within a 5-mile radius. The center’s anchored tenant lineup and prominent corner location provide a practical retail setting for appropriate users seeking neighborhood-level draw.
The property is located at 4450 Commercial St SE in Salem, OR 97302. Traffic counts at the intersection exceed 44,000 vehicles per day, supporting strong day-to-day exposure for retail users.
Additional market context includes an estimated 160,400 residents within a 5-mile radius. The center’s anchored tenant lineup and prominent corner location provide a practical retail setting for appropriate users seeking neighborhood-level draw.
Key Highlights
- Retail outparcel within a neighborhood shopping center anchored by Trader Joe’s, Ulta, and Petco
- Superior visibility at the signalized corner of Commercial Street and Hilfiker Lane with traffic counts over 44,000 VPD
- 160,400 residents within a 5‑mile radius
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
44,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Balanced
Demand for This Use
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
$18.45 /SF/Yr
Avg Asking Price
$10–$29.76 /SF/Yr
Price Range
14,481 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Coin Cloud Bitcoin ATM — 4975 Commercial St SE, Salem, OR 97302
- Cherry City Center — Unnamed Road, Commercial St SE, Salem, OR 97302
- Firehouse Crossing — Salem, OR 97302
- Hilfiker Shopping Center — 4450 Commercial St NE, Salem, OR 97302
Frequently Asked Questions
What type of property is this?
Shopping center - Retail outparcel within a neighborhood shopping center anchored by Trader Joe’s, Ulta, and Petco at a signalized corner.
Where is this shopping center located?
The property is located at 4450 Commercial St SE Salem, OR.
What are key features of this property?
This property features: Retail outparcel within a neighborhood shopping center anchored by Trader Joe’s, Ulta, and Petco; Superior visibility at the signalized corner of Commercial Street and Hilfiker Lane with traffic counts over 44,000 VPD; 160,400 residents within a 5‑mile radius
