The Devonshire Shops

3815 Devonshire Ave Northeast Salem, OR 97305

3815 Devonshire Ave Northeast, Salem, OR, 97305
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FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Nov 15, 2024

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Highlights

  • 3,010 SF Endcap Space
  • $2.00/SF/NNN/Mo
  • NNN Estimate: $0.84/SF/Mo
  • Large Open Floor Plan
  • Two Restrooms & Storage
  • Modern Design
  • CR Zoned Property
  • Near Lancaster Drive
  • High Visibility Location

Description

Discover an exceptional leasing opportunity at Devonshire Retail Shops. This 3,010 SF endcap space showcases a contemporary design with a large open floor plan with expansive windows that flood the interiors with natural light, perfect for creating a customizable and modern retail space. Situated in a CR zoned property, this location offers high visibility and accessibility within close proximity to large retail neighboring tenants that ensures your business will connect with hundreds of shoppers, providing a prime opportunity to expand your customer base. With a well maintained exterior, ample parking and easy access to Lancaster Dr and Silverton Road, this property ensures convenience for everyone who visits. Elevate your business with a space that cultivates productivity and growth.

Located on Devonshire Avenue in NE Salem near Lancaster Drive NE and Fisher Road NE.

Building Size: 12215sq ft
Lot Size: 1.13 acres

Units for Lease

Endcap Retail $6,020/Mo/NNN
Space Available: 3010 SF
Lease Type: NNN

Price Per Sqft/Month: $2.00

Map of 3815 Devonshire Ave Northeast, Salem, OR, 97305

Presented by:
Legacy Real Estate Commercial

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AJ Nash


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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.