End Cap Restaurant Space with
For Lease
Contact for pricing
560 Wallace Rd NW, Salem, OR 97304
End cap restaurant space with existing hood system and walk-in cooler, plus adjacent inline space option at a signalized intersection.
Space Size1,400 SF
Days on Market97
Property Features for 560 Wallace Rd NW
General Information
Standard status
Active
Size
1,400 SF
Property subtype
RETAIL
Lease Type
NNN
Site & Location
Neighborhood
West Salem Neighborhood Association
Spaces For Lease
at 560 Wallace Rd NW
560 Wallace Rd NW
$24 – $26/SF/Yr
Floor
1
Size
1,400 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Opportunities to secure space at this high-demand West Salem property are rare. Two spaces are now available, offering up to 2,800 +/- SF contiguous. Whether leased individually or combined, these spaces represent a rare chance to establish a presence in one of West Salem's most consistently trafficked retail corridors.
Contact us
Listing Agency:
Coldwell Banker Commercial - Mountain West | Salem
(503) 588-3508
Listed By:
Shadya Jones · License #200712161
(503) 884-6281
Source:
Moodyscre
Added: Jul 26
Changed: Oct 26
Last Checked: Oct 28 at 11:33AM
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 Coldwell Banker Commercial - Mountain West | Salem
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Investment Insights
Based on property information with market context.
Two retail restaurant spaces are available at the signalized intersection of Wallace Rd NW & Taggart Dr NW in West Salem, with the ability to lease up to 2,800 +/- SF contiguous. The end cap suite offers approximately 1,400 +/- SF and includes an existing hood system and walk-in cooler, which can help reduce early restaurant build-out needs.
An additional inline space of approximately 1,400 +/- SF is currently occupied by Subway. The combined configuration may be leased as individual suites or together, subject to availability and timing. The property provides two points of ingress and egress and extensive parking. Please do not disturb the Subway tenant; contact the listing broker for showing instructions and availability.
An additional inline space of approximately 1,400 +/- SF is currently occupied by Subway. The combined configuration may be leased as individual suites or together, subject to availability and timing. The property provides two points of ingress and egress and extensive parking. Please do not disturb the Subway tenant; contact the listing broker for showing instructions and availability.
Key Highlights
- Up to 2,800 +/- SF contiguous retail space at a high‑demand West Salem location
- Signalized intersection location at Wallace Rd NW & Taggart Dr NW
- End cap suite: 1,400 +/- SF former Pizza Hut space with existing hood system and walk‑in cooler
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,949
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97304, OR
34,102
Population
14,547
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
56.8 sq mi
ZIP Area
600
Density / Sq Mi
$91,731
Median Household Income
$53,370
Median Earnings
$1,441
Median Rent
$469,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - End cap restaurant space with existing hood system and walk-in cooler, plus adjacent inline space option at a signalized intersection.
Where is this conventional restaurant located?
The property is located at 560 Wallace Rd NW Salem, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Up to 2,800 +/- SF contiguous retail space at a high‑demand West Salem location; Signalized intersection location at Wallace Rd NW & Taggart Dr NW; End cap suite: 1,400 +/- SF former Pizza Hut space with existing hood system and walk‑in cooler
