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Retail Space with Street Signage
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For Lease
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4955 Commercial St SE, Salem, OR 97306

Multiple suite configurations offer flexibility in retail footprint.

Space Size2,320 SF
Days on Market5

Property Features for 4955 Commercial St SE

General Information

Standard status Active
Size 2,320 SF
Net Rentable 1,005 SF
Property subtype RETAIL
Lease Type NNN

Lease Terms

Lease Rate $30 /SF/YR
Rent per SF/Year $26-$30

Site & Location

Neighborhood Faye Wright Neighborhood Association

Additional Details

Available Space 1,005-2,320 SF

Spaces For Lease

at 4955 Commercial St SE
5765 Commercial St SE $30/SF/Yr
Floor 1
Size 2,320 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Available space: 1,005 to 2,320 SF - Rare leasing opportunity with great demographics and traffic counts - Signalized intersection of Commercial Street and Wiltsey Road - Strong mix of long-term successful tenants - Prime signage on busy Commercial Street - Competitive lease rate: $26-30 per square foot annually +NNN
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Listing Agency: Rushing Group
Listed By: Bo Rushing · License ##930800196
Source: Moodyscre
Added: Oct 28 Changed: Nov 1 Last Checked: Oct 30 at 2:23PM

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

Rey
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Investment Insights

Based on property information with market context.

Retail suites at 4955 Commercial St SE range from 1,005 to 2,320 square feet, with options for different space requirements. Street-facing signage is available, and the spaces are offered on a NNN lease basis.

The property sits at the signalized intersection of Commercial Street and Wiltsey Road in Salem, Oregon.

Key Highlights

  • Suite sizes range from 1,005 to 2,320 square feet
  • At the signalized Commercial Street and Wiltsey Road intersection
  • Street‑facing signage available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Willamette Mist Car ... Car Wash

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Parking Lot & Garage Spa & Massage Center Electrical Service

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

639
Businesses Nearby

Demographics for 97306, OR

34,715
Population
14,151
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
1,071
Density / Sq Mi
$89,773
Median Household Income
$50,931
Median Earnings
$1,455
Median Rent
$438,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 6% below the average of $29.93 /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

Frequently Asked Questions

What type of property is this?
Retail space - Multiple suite configurations offer flexibility in retail footprint.
Where is this retail space located?
The property is located at 4955 Commercial St SE Salem, OR.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Suite sizes range from 1,005 to 2,320 square feet; At the signalized Commercial Street and Wiltsey Road intersection; Street‑facing signage available
(503) 931-8500 · Office Call to check price and availability
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