Salem, VA Retail Properties & Spaces for Lease
Retail properties & Spaces for Lease in Nearby Cities
Similar Spaces for Sale in Salem, VA
Salem, VA Retail properties & Spaces Lease Rates & Market Statistics
Explore 12 Retail properties & Spaces for lease in Salem, VA on Realmo, a commercial real estate exchange covering the Salem area. The current inventory totals 41,196 square feet of properties — an average of ~3,450 SF per listing.
Asking lease rates for Retail properties & Spaces in Salem start at $10 SF/Yr, average $13.99 SF/Yr, and reach $16 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $13.99 SF/Yr is 36% below the Virginia state average of $21.75 SF/Yr.
Salem accounts for 27% of the 44 retail properties & spaces currently available across Salem County, where a nearby market includes Roanoke. By space type, the market includes 5 shopping centers and 3 storefront properties.