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Retail Space in Busy Location
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2927 Broadway Street NE, Salem, OR 97303

Retail space available in high-traffic Salem location.

Space Size1,357 SF - 7,079 SF
Property Size28,645 SF
Days on Market2262

Property Features for 2927 Broadway Street NE

General Information

Standard status Active
Size 1,357 SF - 7,079 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Building Size 28,645 SF
Year Built 2001
Tenancy Multiple

Spaces For Lease

at 2927 Broadway Street NE Contact us

175

Size
1,357 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

100

Size
7,079 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

155

Size
1,891 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

180

Size
2,482 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Mountain West Real Estate
Listed By: Melissa Rodriguez · License #201222077
Source: Crexi
Added: Jun 11, 2020 Changed: Aug 13 Last Checked: Aug 19 at 12:08PM

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 retail space is situated in a busy retail area just off Salem Parkway and north of Downtown Salem. Co-tenants in the center include Dollar Tree, Sally Beauty, H&R Block, and Yum Yum Teriyaki. The surrounding area features retailers such as Fred Meyer, Jack in the Box, Les Schwab, McDonalds, and Key Bank, as well as multiple new car dealerships.

Key Highlights

  • Located in a busy retail location off Salem Parkway.
  • Close proximity to Downtown Salem.
  • Co‑tenants include Dollar Tree, Sally Beauty, and H&R Block.

Property Analytics

Current Use

Sally Beauty (Bike/Boat/Book/etc) Store Yum Yum Teriyaki Restaurant Wholesale Outlet Discount Store Pasta Boss Restaurant Cooper’s Food Market

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service Gym & Fitness Center Hotel & Motel

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
$2.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

Demographics for 97303, OR

41,441
Population
15,740
Households
2.6
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
24.9 sq mi
ZIP Area
1,664
Density / Sq Mi
$81,057
Median Household Income
$45,034
Median Earnings
$1,361
Median Rent
$396,700
Median Home Value

Market

Lease Benchmarks for Salem, OR

$25.15 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
10,351 SF
Avg Space Size

This space is priced 45% below the average of $25.15 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in high-traffic Salem location.
Where is this retail space located?
The property is located at 2927 Broadway Street NE Salem, OR.
What is the lease rate?
The lease rate is $13.80 SF/Yr.
What are key features of this property?
This property features: Located in a busy retail location off Salem Parkway.; Close proximity to Downtown Salem.; Co‑tenants include Dollar Tree, Sally Beauty, and H&R Block.
(503) 566-5718 Call to check price and availability
More about this property
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