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Retail Endcap with Hood and Cooler
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560 Wallace Rd NW Suite 150 & 160, Salem, OR 97304

Endcap retail space includes an existing hood system and walk-in cooler, suited for food service buildouts.

Space Size8,400 SF
Days on Market69

Property Features for 560 Wallace Rd NW Suite 150 & 160

General Information

Standard status Active
Size 8,400 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Commercial Hood Yes

Building Details

Building Size 8,400 SF
Year Built 1995
Tenancy Single

Spaces For Lease

at 560 Wallace Rd NW Suite 150 & 160 Contact us

Available Space

Size
8,400 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Mountain West Real Estate
Listed By: Shadya Jones · License #OR 200712161
Source: Crexi
Added: Jun 5 Changed: Aug 11 Last Checked: Aug 11 at 12:28PM

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 Real Estate

Investment Insights

Based on property information with market context.

This West Salem retail offering includes two available spaces that can be leased individually or combined up to 2,800 +/- SF contiguous. The endcap suite is approximately 1,400 +/- SF and was previously used as a restaurant, with an existing hood system and a walk-in cooler already in place. The second space is also approximately 1,400 +/- SF and is configured as an inline retail unit.

The property is located along Wallace Road NW in a well-established retail corridor in West Salem, just across the Willamette River from downtown Salem. It sits at the signalized intersection of Wallace Rd NW & Taggart Dr NW, with two points of ingress and egress and extensive parking to support customer access.

For operators seeking a restaurant-ready retail configuration, the existing hood and walk-in cooler can reduce upfront buildout work for a food service concept. The availability of two suites also supports users that may need more flexible frontage, while the established mix of retail co-tenants nearby can be beneficial for everyday shopping and quick-visit traffic.

Key Highlights

  • West Salem commercial corridor retail space at the signalized intersection of Wallace Rd NW & Taggart Dr NW
  • Two available spaces totaling up to 2,800 +/- SF contiguous (can be leased individually or combined)
  • End cap space: 1,400 +/- SF, former Pizza Hut, with existing hood system and walk‑in cooler

Property Analytics

Current Use

Subway Take-out & Catering Norma Soffa Physician Susan Sligh Physician Kathleen Ketelson Physician Sherwin-Williams Paint Store Hardware & Home Improvement

Suggested Use

Top Pick Electrical Service Catering Service (Bike/Boat/Book/etc) Store Plumbing Service HVAC Service Carpet & Flooring Store

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

Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,949
Businesses Nearby

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Endcap retail space includes an existing hood system and walk-in cooler, suited for food service buildouts.
Where is this strip mall located?
The property is located at 560 Wallace Rd NW Suite 150 & 160 Salem, OR.
What are key features of this property?
This property features: West Salem commercial corridor retail space at the signalized intersection of Wallace Rd NW & Taggart Dr NW; Two available spaces totaling up to 2,800 +/- SF contiguous (can be leased individually or combined); End cap space: 1,400 +/- SF, former Pizza Hut, with existing hood system and walk‑in cooler
(503) 588-3508 Call to check price and availability
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