2025 Lancaster Dr NE, Salem, OR, 97305

2025 Lancaster Dr NE Salem, OR 97305

2025 Lancaster Dr NE, Salem, OR, 97305
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FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Oct 15, 2024

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Description

Formerly occupied by Big Lots, this expansive 49,192 SF retail space offers an excellent opportunity for businesses looking to establish a presence in one of Salem’s busiest retail corridors. The building features an open floor plan, high ceilings, and a well maintained façade that offers excellent visibility from Lancaster Drive. The property includes abundant parking, suitable for accommodating high traffic, and a spacious rear loading area, ideal for inventory management and deliveries.

Located at a busy signalized intersection of Lancaster Dr NE & Sunnyview Road


Year Built: 1983
Building Size: 49192sq ft
Building Class: C
Lot Size: 3.83 acres

Units for Lease

2025
Space Available: 49192 SF

Map of 2025 Lancaster Dr NE, Salem, OR, 97305

Presented by:
SVN | Imbrie Realty

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Ryan Imbrie


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What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.