3989 Commercial StSalem, OR 97302

For Lease
$18/SF/YR
Grocery Outlet anchored retail space. High-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional retail space, located within the thriving Southgate Shopping Center in Salem, Oregon, presents a unique investment opportunity. Situated on the south side of the property, bordering the well-lit intersection of Browning Avenue and Commercial Street, this inline suite offers unparalleled visibility and accessibility. The property benefits from a covered sidewalk and large retail windows, maximizing natural light and attracting pedestrian traffic. The Southgate Shopping Center is a bustling retail hub, already home to popular national chains such as Panda Express and Chipotle, as well as local favorites like Bo & Vine and On Any Sundaes. This strong tenant mix draws a significant customer base from throughout Salem. The property is zoned CR and features a single tenant occupancy. The future anchor tenant, Grocery Outlet, will further enhance the center's appeal and draw even more customers to this prime location. The convenient access to Commercial Street, heading both north and south, ensures easy ingress and egress for customers and employees. Prospective tenants are responsible for verifying occupancy details with the City of Salem. This is an ideal opportunity for a business seeking high visibility and a strong customer base in a vibrant retail environment.

Highlights

  • Grocery Outlet-anchored retail space.
  • Excellent Commercial Street location.
  • Covered sidewalk for pedestrian access.
  • Large retail windows for optimal visibility.

Property Details for 3989 Commercial St

Property type
Retail properties, Land

Unit(s) available at that property

Space
Size
0 SF
Rate per SF
$18

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.898679118465
Longitude
-123.04018504933
3989 Commercial St, Salem, Oregon

FAQs

What type of property is this?
Retail property - Grocery Outlet anchored retail space. High-traffic location.
Where is the retail property located?
The property is located at 3989 Commercial St Salem, OR.
What is the lease rate?
The lease rate is $18/SF/YR.
What are key features of this property?
This property features: Grocery Outlet-anchored retail space.; Excellent Commercial Street location.; Covered sidewalk for pedestrian access.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3989 Commercial St
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