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Retail Space in Salem Center
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515 Taggart Dr, Salem, OR 97304

Walgreen-anchored shopping center with high visibility and multiple access points.

Space Size917 SF - 1,650 SF
Property Size14,820 SF
Days on Market1671

Property Features for 515 Taggart Dr

General Information

Standard status Active
Size 917 SF - 1,650 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 14,820 SF
Year Built 2006
Tenancy Multiple

Spaces For Lease

at 515 Taggart Dr Contact us

525 Taggart Suite 150

Size
917 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

525 Taggart Suite 170

Size
1,650 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: First Commercial Real Estate Services
Listed By: Ruth Dana · License #OR 900300123
Source: Crexi
Added: Feb 6, 2022 Changed: Aug 14 Last Checked: Sep 1 at 6:52AM

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 First Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This shopping center, anchored by Walgreens, is located on Wallace Road in an area with many daily needs retailers and services. The property features multiple access points, signage, and visibility. Please note that spaces suitable for restaurant use or alcohol sales are not available.

Key Highlights

  • Walgreen‑anchored shopping center
  • Strategically located on Wallace Road
  • Area of concentrated daily needs retailers and other services

Property Analytics

Current Use

Therapeutic Associates Physical ... Medical Clinic Gina Paine PT, ... Physician Main Medical Medical Supply Store Jessica Strader Physician Matthew Conley Perry Physician

Suggested Use

Top Pick Auto Parts Store HVAC Service Electrical Service Plumbing Service Building Supply Kitchen & Bath Showroom

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Walgreen-anchored shopping center with high visibility and multiple access points.
Where is this shopping center located?
The property is located at 515 Taggart Dr Salem, OR.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Walgreen‑anchored shopping center; Strategically located on Wallace Road; Area of concentrated daily needs retailers and other services
(503) 364-7400 Call to check price and availability
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