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Property profile & analytics

2295 Lancaster Dr Salem, OR 97305

  • Retail properties
  • 40,545 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 2295 Lancaster Dr

Property size
40,545 SF
Property type
Retail properties

Description

This exceptional retail opportunity presents itself at the Village East Shopping Center, located at 2295 Lancaster Dr NE in Salem, Oregon, 97305. The center offers a total of 40,545 square feet of commercial space, currently featuring four suites. A significant portion of the center, totaling 26,888 square feet, is currently vacant and available for lease. This presents a unique chance for businesses seeking flexible space options. Individual spaces range from a minimum of 1,868 square feet to a maximum contiguous space of 14,440 square feet, catering to a variety of business needs and scales. The property is situated in Marion County, Oregon, offering excellent access and visibility within the Salem community. The address is easily accessible and provides ample parking for customers and employees. This is an ideal location for businesses looking to establish or expand their presence in a thriving retail environment. The multiple suite configuration allows for flexibility in leasing arrangements, accommodating both single-tenant and multi-tenant occupancy. Interested parties are encouraged to inquire about available space and lease terms. The property is classified as retail commercial space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-122.985
Latitude
44.9569
More about this property
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