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1130-1148 Wallace Rd NW 1,723 SF of Retail Space Available in Salem, OR 97304
HIGHLIGHTS
- Inline retail suite in a multi-tenant retail center
- Excellent visibility and traffic counts (30,000+ VPD)
- Infrastructure in place for salon/barber use
- Anchored by Roth’s Fresh Markets with national co-tenants
- Abundant customer parking
- Turnkey, modern interior with private restroom
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1140 | 1,723 SF | Negotiable | $27.48 /SF/YR $2.29 /SF/MO $47,348 /YR $3,946 /MO | Triple Net (NNN) |
1st Floor, Ste 1140
Positioned within an established 8+ acre shopping center, this inline retail suite offers an outstanding opportunity in one of the market’s most visible and well-trafficked locations. The center is anchored by Roth’s Fresh Markets and complemented by national and regional brands, including Starbucks, Baskin-Robbins, and Tan Republic, ensuring consistent customer traffic throughout the day. With traffic counts exceeding 30,000 vehicles per day and abundant on-site parking, the center provides unmatched visibility and accessibility. PLEASE DO NOT DISTURB TENANTS
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Inline retail suite in a multi-tenant retail cntr
- Anchored by Roth’s Fresh Markets
- Excellent visibility & traffic counts (30,000+ VPD
- Abundant customer parking
- Infrastructure in place for salon/barber use
- Turnkey, modern interior with private restroom
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1130-1148 WALLACE RD NW, SALEM, OR 97304
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Amazon Counter
- Business/Copy/Postal Services
- 1
- -
- Foster Construction Co
- Other Services
- 1
- -
- IGA
- Supermarket
- 15
- Local
- Liquor Depot
- Liquor
- 2
- Local
- Perfect Look Hair Salon
- Salon/Barber/Spa
- 91
- Regional
- Quick Ship N Print
- Business/Copy/Postal Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Amazon Counter | Business/Copy/Postal Services | 1 | - |
| Foster Construction Co | Other Services | 1 | - |
| IGA | Supermarket | 15 | Local |
| Liquor Depot | Liquor | 2 | Local |
| Perfect Look Hair Salon | Salon/Barber/Spa | 91 | Regional |
| Quick Ship N Print | Business/Copy/Postal Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,723 SF | Total Land Area | 2.21 AC |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Supermarket | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 52,791 SF |
| Total Space Available | 1,723 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 52,791 SF |
| Total Land Area | 2.21 AC |
| Year Built | 2000 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
The suite is ideally configured for a salon, barber shop, or personal services business, with plumbing, an in-suite restroom, and infrastructure already in place. New flooring and updated interior finishes create a modern, move-in-ready environment. Importantly, there are no direct competitors within the property, making this a unique turnkey opportunity for an operator looking to capture demand within a proven retail destination.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
CONTACTS
-
Nick Williams, CCIM -
Curt Arthur, SIOR -
Toran Schmidgall -
SVN | Commercial Advisors, LLC
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1130-1148 Wallace Rd NW
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