Retail Space with
For Lease
$300,000 SF/Yr
4981 Portland Rd Unit Ste 1 2 3, Salem, OR 97305
New-construction shell space includes restroom and partition walls for flexible retail configuration.
Property Size1,250 SF - 3,750 SF
Days on Market314
Property Features for 4981 Portland Rd Unit Ste 1 2 3
General Information
Standard status
Active
Size
1,250 SF - 3,750 SF
Net Rentable
1,250 SF
Property subtype
Retail(Combined)
Lease Type
NNN
Space & Availability
Available Space
1,250-3,750 SF
Contiguous Space
3,750 SF
Divisible
Yes
Space Use
Retail
Amenities
restroom
partition walls
Building Details
Building Size
3,750 SF
Tenancy
Multi
Listing Agency:
SMI REAL ESTATE
(503) 884-1273
Listed By:
ELESA DOLL · License #200708163
(503) 884-1273
Source:
Harcourtselite
Added: Sep 23, 2025
Changed: Jul 31
Last Checked: Aug 2 at 11:55AM
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 REAL ESTATE
Investment Insights
Based on property information with market context.
New-construction retail space is planned as three inline spaces of 1,250 SF each, with the ability to customize the configuration up to 3,750 SF. The property includes shell space with restroom and partition walls provided, along with a drive-through space option.
Located at 4981 Portland Road in Salem, the property is near new neighborhoods under development and includes proximity to the 74 townhomes planned for this development. Lease structures are NNN for both the inline and drive-through spaces.
Located at 4981 Portland Road in Salem, the property is near new neighborhoods under development and includes proximity to the 74 townhomes planned for this development. Lease structures are NNN for both the inline and drive-through spaces.
Key Highlights
- New‑construction retail space on Portland Road
- Three planned spaces of 1,250 SF each
- Configuration may be customized up to 3,750 SF
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
442
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
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 1146397% above the average of $26.17 /SF/Yr.
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New-construction shell space includes restroom and partition walls for flexible retail configuration.
Where is this retail space located?
The property is located at 4981 Portland Rd Unit Ste 1 2 3 Salem, OR.
What is the lease rate?
The lease rate is $300,000.
What are key features of this property?
This property features: New‑construction retail space on Portland Road; Three planned spaces of 1,250 SF each; Configuration may be customized up to 3,750 SF
