For Lease
$20-$28 /SF/YR

3380 Lancaster Dr Salem, OR 97305

Salem, OR: Prime Retail Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • High-visibility retail center in Salem's busiest trade corridors.
  • Safeway-anchored center with Ace Hardware, driving high daily traffic.
  • Strong national retailer presence ensures consistent customer traffic.
  • Multiple access points on Lancaster Dr. and Silverton Rd. provide excellent ingress/egress.

Property Details for 3380 Lancaster Dr

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
53,284 SF

Unit(s) available at that property

Space
Suite 3304
Size
1,553 SF
Rate per SF
$20
Space
Suite 3316
Size
1,186 SF
Rate per SF
$28
Space
Suite 3306
Size
1,210 SF
Rate per SF
$20

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9686877
Longitude
-122.9818622

FAQs

What type of property is this?
Retail property - Salem, OR: Prime Retail Opportunity
Where is the retail property located?
The property is located at 3380 Lancaster Dr Salem, OR.
What is the lease rate?
The lease rate is $20-$28 /SF/YR.
What are key features of this property?
This property features: High-visibility retail center in Salem's busiest trade corridors.; Safeway-anchored center with Ace Hardware, driving high daily traffic.; Strong national retailer presence ensures consistent customer traffic.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3380 Lancaster Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message