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Retail Space in Salem Center
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4450 Commercial St SE, Salem, OR 97302

Retail space for lease in established Salem shopping center.

Space Size1,300 SF
Property Size38,667 SF
Days on Market918

Property Features for 4450 Commercial St SE

General Information

Standard status Active
Size 1,300 SF
Property subtype Retail

Building Details

Building Size 38,667 SF
Tenancy Multiple

Spaces For Lease

at 4450 Commercial St SE Contact us

Suite GU2

Size
1,300 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Phillips Edison & Company
Listed By: Josh O'Toole · License #FLBO
Source: Crexi
Added: Feb 6, 2024 Changed: Aug 8 Last Checked: Aug 11 at 1:43PM

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

Investment Insights

Based on property information with market context.

The Hilfiker Shopping Center, anchored by Trader Joe's, offers retail space for lease. The center benefits from high visibility and a traffic volume exceeding 44,000 vehicles per day. It is located 5 minutes from the airport and 10 minutes from Creekside Golf Course.

Key Highlights

  • Anchored by Trader Joe's
  • High traffic volume: Over 44,000 vehicles per day
  • Excellent visibility

Property Analytics

Current Use

Hilfiker Shopping Center Shopping Center & Mall TNT Fireworks Discount Store Petco (Bike/Boat/Book/etc) Store Petco Grooming Pet Grooming Service Petco Dog Training Animal Training

Suggested Use

Top Pick Law Firm Building Supply Dental Office Big Box & Wholesale Store Restaurant Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby
Balanced
Demand for This Use

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

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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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space for lease in established Salem shopping center.
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: Anchored by Trader Joe's; High traffic volume: Over 44,000 vehicles per day; Excellent visibility
(513) 554-1110 Call to check price and availability
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