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Property profile & analytics
OFF-MARKET
Lifestyle centers

1551 Hawthorne Ave Salem, OR 97301

81,917 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,077 square foot retail space is situated within a thriving Marion County shopping center, boasting 81,917 total square feet on a 5.7-acre lot. The single-tenant property features a spacious showroom with large window frontage for optimal visibility and ample back storage space, including a private restroom. A 3-5 year lease term is available with competitive net-net-net (NNN) lease rates. The property benefits from its location within a bustling shopping center, guaranteeing high foot traffic and excellent exposure. Security patrols further enhance the safe and vibrant environment for both tenants and customers. This location offers a unique opportunity for businesses seeking high visibility and a secure, attractive space. The property's size and features make it ideal for a variety of retail uses. The combination of prime location, exceptional visibility, and a secure environment makes this an attractive opportunity for businesses looking to establish a presence or expand their operations in a high-traffic area. This is a single-tenant occupancy within a larger shopping center complex.

Property profile
Verified
Property type Lifestyle centers
Total area 81,917 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gilded Drake Games (Bike/Boat/Book/etc) Store Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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