Retail Space - For Lease
1120 Lancaster Drive Southeast Salem, OR 97317
Details & Description
Call for Pricing
    119,137 square feet of anchor and shop spaceLocated at Lancaster Road & Hwy. 22Part of major community shopping center with four major anchorsAdjacent to significant and established retail developmentLong term tenant leasesStrong DemographicsCurrent occupancy at 97%Vacancy and lower rent on some leases represents upside
    Listing Agents
    Chris Lio
    NAI - Elliott
    O: 503-972-7227
    M: 503-804-2929
    clio@naielliott.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1120 Lancaster Drive Southeast

    Salem, OR 97317

    Listing ID: 230848
    Call for Pricing
    For Lease
    • Property Type Retail for Lease : Shopping Center
    • Unit Sq Ft 9,700
    • Service Type N/A
    • 1120 Lancaster Drive Southeast Salem, OR 97317 - main image
    • 1120 Lancaster Drive Southeast Salem, OR 97317 - alt image 2
    • 1120 Lancaster Drive Southeast Salem, OR 97317 - alt image 3
    1120 Lancaster Drive Southeast - main image
    1120 Lancaster Drive Southeast - alt image 2
    1120 Lancaster Drive Southeast - alt image 3
    Description

    119,137 square feet of anchor and shop space

    Located at Lancaster Road & Hwy. 22

    Part of major community shopping center with four major anchors

    Adjacent to significant and established retail development

    Long term tenant leases

    Strong Demographics

    Current occupancy at 97%

    Vacancy and lower rent on some leases represents upside

    Attachments & Files

    Listing Demographics for 1120 Lancaster Drive Southeast Salem, OR 97317

    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.

    1-Mile 3-Miles 5-Miles
    Total Population13,80873,907184,259
    Population Median Age363637
    Population by Age0-9 Yrs2072 (15%)9462 (12%)24133 (13%)
    10-19 Yrs1990 (14%)9942 (13%)25613 (13%)
    20-29 Yrs2114 (15%)12388 (16%)29147 (15%)
    30-39 Yrs1996 (14%)10861 (14%)26716 (14%)
    40-49 Yrs1464 (10%)9229 (12%)21902 (11%)
    50-59 Yrs1543 (11%)8333 (11%)20735 (11%)
    60-69 Yrs1539 (11%)7766 (10%)20229 (10%)
    70+ Yrs1090 (7%)5926 (8%)15782 (8%)
    Median HH Income$49,440$49,814$53,330
    Total Household Income< 24K924 (20%)5512 (22%)13802 (21%)
    25-49K1344 (30%)6672 (27%)16963 (26%)
    50-74K959 (21%)4708 (19%)12524 (19%)
    75-99K657 (14%)3119 (12%)8452 (12%)
    100-199K550 (12%)3890 (16%)11529 (17%)
    200K+26 (0%)354 (1%)1761 (2%)
    Highest Education LevelNo Diploma2018825118801
    Diploma or GED27541460430757
    Some College26101351832423
    Assoc. Degree52438329988
    Bachelors Degree581571318058
    Higher Degree19625819968
    Total Housing Units4,73926,01069,480
    --Owner-Occupied2,50112,52533,333
    --Renter-Occupied1,96111,73131,698
    Owner-Occupied Values< 100K60616183053
    100-199K108646579922
    200-299K690419211987
    300-399K8212754706
    400-499K33531837
    500K+354291827
    Total Working Age Population10,55658,585144,823
    In Work Force6,55134,46989,831
    Not In Work Force4,00424,11654,992
    Workforce Employed6,21832,37384,366
    Workforce Unemployed3342,0775,357
    Civlian Workforce6,55134,45089,723
    Military Workforce019109
    Total Households4,46224,25665,030
    Family Households3,12515,15640,993
    Non-Family Households1,3379,10024,038
    Married Couple2,08310,23728,265
    Other Family1,0424,91912,728
    Married w/Child8254,32812,017
    Single Male w/Child1216031,862
    Single Female w/Child3602,0265,261

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Oregon3,421,399+123,831,074+114,264,810+114,727,438
    Marion County284,834+11315,335+11350,125+11388,420
    Polk County62,380+2175,403+1385,012+1698,501

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Listing Location & Map Views
    Listing Agent
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