1120-1130 Lancaster Dr SE | Salem, OR 97317
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1120-1130 Lancaster Dr SE
Salem, OR 97317
Lancaster Marketplace Pad · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Shadow anchored by a high-performing WinCo, which ranks in the top five in Oregon for annual visits (2.2M) and does $100M+ in annual sales
- Two of the four in-place tenants have occupied the Property for over 20 years
- Located on a signalized corner of Lancaster Dr, a primary retail corridor, with daily vehicle counts above 30,000
- Offered at $326/SF, significantly below replacement cost of $550/SF+
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,848 SF
Building Class
B
Year Built
1991
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.82 AC
Zoning
CR
Parking
34 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
172’ on Rickey St
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 580550 | Improvements Assessment | $1,125,600 |
| Land Assessment | $571,500 | Total Assessment | $1,697,100 |
PROPERTY TAXES
Parcel Number
580550
Land Assessment
$571,500
Improvements Assessment
$1,125,600
Total Assessment
$1,697,100
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
