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Drive-Through Retail Shell Space
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.

Property Size1,250 SF - 3,750 SF
Days on Market290

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
Listed By: Elesa Doll · License #200708163
Source: Exprealty
Added: Oct 14, 2025 Changed: Jul 30 Last Checked: Jul 30 at 3:41PM

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.

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

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Restaurant Dental Office

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

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

Market

Lease Benchmarks for Salem, OR

$26.17 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
21,569 SF
Avg Space Size

This space is priced 4% below the average of $26.17 /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
Rey
Questions? Ask Rey
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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
More about this property
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