NEW RETAIL CONSTRUCTION - Trending North Lancaster

4741-4787 Lancaster Dr. NE Salem, OR 97305

4741-4787 Lancaster Dr. NE, Salem, OR, 97305
4741-4787 Lancaster Dr. NE, Salem, OR, 97305
FOR LEASE
Property Type:
Big Box Retail
Last Verified:
Apr 01, 2021

Highlights

  • NEW CONSTRUCTION! - NOW PRE LEASING
  • 9 New Spaces Total
  • 2 - 470 SF Spaces
  • 4 - 635 SF Spaces w/Mezzanine
  • 2 - 800 SF Spaces w/Mezzanine
  • 1 - 939 SF Retail or Restaurant Storefront Street Facing Spaces
  • Over 700' of Frontage on Lancaster Drive
  • Maximum Visibility and Exposure
  • Easy Access to I-5 & Hwy 99
  • Close to the State Fairgrounds

Description

Industrial Flex space currently in a commercial retail zone. Site development with rehab of 9 existing buildings totaling 39,786 SF has been completed and fully Leased. NEW CONSTRUCTION of 5 additional buildings is now underway including a new Sherwin Williams, a yet to be named Brew House and Convenience Store. 2 Remaining Buildings will each include 5 separate suites. 9 remaining spaces now available for pre-lease for Retail or Restaurant. Spaces will range from 470SF to 939 SF Retail/Food Storefront, some suites with mezzanines. See site plan for availability and space configurations.

Located at the North end of Lancaster Drive NE, one of Salem’s most highly traveled arterials. With over 700’ of frontage, this site provides maximum visibility and exposure along with easy access to I-5 via Chemawa and/or Hayseville Interchanges.


Year Built: 1975
Building Size: 39786sq ft
Lot Size: 4.42 acres

Units for Lease

4763 #105 Lancaster Dr NE 800 SF
Space Available: 800 SF
Lease Type: NNN

Price Per Sqft/Year: $22.2
4763 #100 Lancaster Dr NE 635 SF - Endcap
Space Available: 635 SF
Lease Type: NNN

Price Per Sqft/Year: $24.0
4765 #110 Lancaster Dr NE 939 SF - Endcap
Space Available: 939 SF
Lease Type: NNN

Price Per Sqft/Year: $24.0
4765 #105 Lancaster Dr NE 800 SF
Space Available: 800 SF
Lease Type: NNN

Price Per Sqft/Year: $22.2
4765 #115 Lancaster Dr NE 470 SF
Space Available: 470 SF
Lease Type: NNN

Price Per Sqft/Year: $22.2
4765 #100 Lancaster Dr NE 635 SF - Endcap
Space Available: 635 SF
Lease Type: NNN

Price Per Sqft/Year: $24.0
4765 #120 Lancaster Dr NE 635 SF - Endcap
Space Available: 635 SF
Lease Type: NNN

Price Per Sqft/Year: $24.0

Map of 4741-4787 Lancaster Dr. NE, Salem, OR, 97305

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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