1270 Lancaster Dr SE
Salem, OR 97317
Shari's · Retail Property For Sale

This Shari’s property is located at 1270 Lancaster Dr SE, in Salem, Oregon. Southeast Salem is a neighborhood in Salem, which is the capital of Oregon and the county seat of Marion County. It is located near the center of the Willamette Valley alongside the Willamette River, which runs through the city. Surrounding Retail and Points of Interest The area surrounding the subject property is home to a wide array of national retailers and local retailers. Notable retailers within two miles of the property include: Walmart Supercenter, Costco, Lowe’s, Shopko Hometown, Home Depot, WinCo Foods, Walgreens, Dollar Tree, Ashley HomeStore, Payless, Burger King, Sonic, and many others. Along with these retailers is a number of hotels such as Best Western, La Quinta, Residence Inn, and Hampton Inn and Suites. Traffic Counts and Demographics The neighborhood of Southeast Salem has approximately 71,852 individuals residing within a three-mile radius of the property and more than 178,000 individuals within a five-mile radius. The subject property is located on 1270 Lancaster Drive, which has an average daily traffic count of 30,380. Located near the property are Oregon Route 22 and Interstate 5. Oregon Route 22 has an average daily traffic count of 55,600 vehicles and Interstate 5 has an average daily traffic count of 69,100 vehicles. Salem, Oregon Salem is the principal of the Salem Metropolitan area, which covers both Marion and Polk counties. Salem is home to Willamette University, Corban University, and Chemeketa Community College, which combined enroll more than 36,000 students. Salem elementary and secondary schools are part of the Salem-Keizer School District, which has approximately 39,000 students, and is the second largest public school district in the state. The state of Oregon is Salem’s largest employer, but the city also serves as a hub for the area farming communities and is a major agricultural food processing center. Salem sits just 47 miles south of Portland and is an hour from the Cascade Mountains and the oceanside beaches. Salem is in the midst of sustained, steady growth. There is ongoing preservation of historic downtown buildings, along with a downtown core master plan for residential and commercial development, ensuring managed growth. Salem has a family-friendly ambiance and has a small town feel.