3380 Lancaster Dr NE Salem, OR 97303

Oak Park Plaza, located at 3380 Lancaster Dr NE in Salem, Oregon (97305), presents a compelling retail investment opportunity. This Safeway-anchored neighborhood center boasts 53,284 square feet on an 8.76-acre lot in Marion County's thriving Northeast Salem trade area. The property underwent extensive remodeling in 2012, including a new multi-tenant pad building completed in 2014, ensuring modern and attractive facilities. Currently, there are three available retail spaces ranging from 1,186 to 2,000 square feet, with a minimum divisible space of 1,553 square feet and a maximum contiguous space of 2,000 square feet. A total of 3,553 square feet is currently vacant. The center features a strong tenant mix of national and regional retailers, restaurants, and service providers, including Safeway, Ace Hardware, Starbucks, AutoZone, CSL Plasma, Jimmy John's, Little Caesars, T-Mobile, Papa Murphy's, Mariner Finance, and H&R Block. This high-volume center is situated along busy Lancaster Dr NE at Silverton Rd NE, offering excellent visibility and accessibility for businesses. The property's location within a growing area and its established tenant base make it an ideal investment for businesses seeking a strong foothold in the Salem market.