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Lancaster Marketplace is a shopping center consisting of a Sportsmans Warehouse, Dollar Tree, Boy's and Girls Club along with retail shops on a single site in Salem Oregon. This center is co-anchored by Shopko and WinCo Foods (neither of which is included in the sale).
Highlights Include:
Long Term leases with strong tenants
Excellent access to freeway system and nearby employment center
Well situated near residential neighborhoods
Located within a seasoned, fully developed regional commercial center
Strong demographics
Vacant and shell spaces represent upside growth
Excellent visibility to Highway 22 and Lancaster Drive
Two Pylon directory signs on property and highly visible sign band
Professionally managed by NAI Elliott
Full offering package available by signing confidentiality agreement
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 13,808 | 73,907 | 184,259 | |
Population Median Age | 36 | 36 | 37 | |
Population by Age | 0-9 Yrs | 2072 (15%) | 9462 (12%) | 24133 (13%) |
10-19 Yrs | 1990 (14%) | 9942 (13%) | 25613 (13%) | |
20-29 Yrs | 2114 (15%) | 12388 (16%) | 29147 (15%) | |
30-39 Yrs | 1996 (14%) | 10861 (14%) | 26716 (14%) | |
40-49 Yrs | 1464 (10%) | 9229 (12%) | 21902 (11%) | |
50-59 Yrs | 1543 (11%) | 8333 (11%) | 20735 (11%) | |
60-69 Yrs | 1539 (11%) | 7766 (10%) | 20229 (10%) | |
70+ Yrs | 1090 (7%) | 5926 (8%) | 15782 (8%) | |
Median HH Income | $49,440 | $49,814 | $53,330 | |
Total Household Income | < 24K | 924 (20%) | 5512 (22%) | 13802 (21%) |
25-49K | 1344 (30%) | 6672 (27%) | 16963 (26%) | |
50-74K | 959 (21%) | 4708 (19%) | 12524 (19%) | |
75-99K | 657 (14%) | 3119 (12%) | 8452 (12%) | |
100-199K | 550 (12%) | 3890 (16%) | 11529 (17%) | |
200K+ | 26 (0%) | 354 (1%) | 1761 (2%) | |
Highest Education Level | No Diploma | 2018 | 8251 | 18801 |
Diploma or GED | 2754 | 14604 | 30757 | |
Some College | 2610 | 13518 | 32423 | |
Assoc. Degree | 524 | 3832 | 9988 | |
Bachelors Degree | 581 | 5713 | 18058 | |
Higher Degree | 196 | 2581 | 9968 | |
Total Housing Units | 4,739 | 26,010 | 69,480 | |
--Owner-Occupied | 2,501 | 12,525 | 33,333 | |
--Renter-Occupied | 1,961 | 11,731 | 31,698 | |
Owner-Occupied Values | < 100K | 606 | 1618 | 3053 |
100-199K | 1086 | 4657 | 9922 | |
200-299K | 690 | 4192 | 11987 | |
300-399K | 82 | 1275 | 4706 | |
400-499K | 3 | 353 | 1837 | |
500K+ | 35 | 429 | 1827 | |
Total Working Age Population | 10,556 | 58,585 | 144,823 | |
In Work Force | 6,551 | 34,469 | 89,831 | |
Not In Work Force | 4,004 | 24,116 | 54,992 | |
Workforce Employed | 6,218 | 32,373 | 84,366 | |
Workforce Unemployed | 334 | 2,077 | 5,357 | |
Civlian Workforce | 6,551 | 34,450 | 89,723 | |
Military Workforce | 0 | 19 | 109 | |
Total Households | 4,462 | 24,256 | 65,030 | |
Family Households | 3,125 | 15,156 | 40,993 | |
Non-Family Households | 1,337 | 9,100 | 24,038 | |
Married Couple | 2,083 | 10,237 | 28,265 | |
Other Family | 1,042 | 4,919 | 12,728 | |
Married w/Child | 825 | 4,328 | 12,017 | |
Single Male w/Child | 121 | 603 | 1,862 | |
Single Female w/Child | 360 | 2,026 | 5,261 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Oregon | 3,421,399 | +12 | 3,831,074 | +11 | 4,264,810 | +11 | 4,727,438 |
Marion County | 284,834 | +11 | 315,335 | +11 | 350,125 | +11 | 388,420 |
Polk County | 62,380 | +21 | 75,403 | +13 | 85,012 | +16 | 98,501 |