1221-1233 River Bend Rd
Salem, OR 97304
Checkpoint 221 & Shops at Riverbend · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Unique development consisting of a four-unit shopping center, 16 food trucks and pavilion bar.
- Located in the rapidly expanding suburban community of West Salem, Oregon.
- Monument signage and 500 feet of Wallace Rd Frontage, making it an eye-catching location on a signalized intersection.
- Adjacent to two new construction apartment complexes, along with dense residential housing in a two-mile radius.
- Two private colleges are just nearby offering a pipeline of educated workers to local employers.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,780 SF
Building Class
B
Year Built
2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.95 AC
Zoning
CR - CO
Parking
79 Spaces (7.33 Spaces per 1,000 SF Leased)
Frontage
500’ on Wallace Rd / Hwy 221
AMENITIES
- Bus Line
- Corner Lot
- Courtyard
- Dedicated Turn Lane
- Fenced Lot
- Fireplace
- Food Court
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Skylights
- Kiosk/Cart Space
- Accent Lighting
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,168,410 | |
| Land Assessment | $171,500 | Total Assessment | $9,339,910 |
