Drive-Through Retail Shell
For Lease
$25 SF/Yr
4885 Portland Rd Ne, Salem, OR 97305
Planned retail development offering a drive-through option with shell space, restrooms, and partition walls.
Space Size1,250 SF - 3,750 SF
Days on Market336
Property Features for 4885 Portland Rd Ne
General Information
Standard status
Active
Size
1,250 SF - 3,750 SF
Net Rentable
1,250 SF
Additional Details
Available Space
1,250-3,750 SF
Building Details
Tenancy
Multi
Listing Agency:
SMI Commercial Real Estate LLC
(503) 390-6060
Listed By:
Elesa Doll · License #200708163
(503) 884-1273
Source:
Exprealty
Added: Oct 14, 2025
Changed: Aug 21
Last Checked: Sep 13 at 12:40PM
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 SMI Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
New construction planned retail development on Portland Rd NE in Salem, OR, featuring three retail spaces. The subject shell space includes restroom and partition walls, giving tenants a defined interior base to plan their use.
The development is designed to support both inline and drive-through configurations. The three retail spaces are 1,250 SF each, with a maximum available size of 3,750 SF across the project. The broader development will also include 74 townhomes.
This offering is structured for tenants looking to customize a retail interior while starting with the provided shell improvements and built-in layout elements.
The development is designed to support both inline and drive-through configurations. The three retail spaces are 1,250 SF each, with a maximum available size of 3,750 SF across the project. The broader development will also include 74 townhomes.
This offering is structured for tenants looking to customize a retail interior while starting with the provided shell improvements and built-in layout elements.
Key Highlights
- Three planned retail spaces at 1,250 SF each
- Maximum available size of 3,750 SF
- Drive‑through retail space included in the development
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
301
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Salem, OR
$32.31 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
10,781 SF
Avg Space Size
This space is priced 23% below the average of $32.31 /SF/Yr.
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Planned retail development offering a drive-through option with shell space, restrooms, and partition walls.
Where is this retail space located?
The property is located at 4885 Portland Rd Ne Salem, OR.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Three planned retail spaces at 1,250 SF each; Maximum available size of 3,750 SF; Drive‑through retail space included in the development
