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- LoopNet Team
545 Wallace Rd NW
Salem, OR 97304
Rushing Wallace Road · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 545 WALLACE RD NW , SALEM, OR 97304
Hawaiian Time is situated within one-half mile of downtown Salem along an arterial carrying traffic counts of 41,200 per day near the Subject. The Property benefits from a dense surrounding residential base of 206,476 residents living within a five-mile radius. This location is only one of two Hawaiian Time restaurants in Salem and the only location in the city to offer a convenient drive-thru component. The Subject is one of nine total Hawaiian Time locations in operation throughout Oregon, owned and operated by an experienced regional restaurant owner. The Tenant has four years remaining on the primary lease term, and options to extend another 10 years with 10% increases to begin at the onset of each extension period.
PROPERTY TAXES
| Parcel Number | 256904 | Improvements Assessment | $377,840 |
| Land Assessment | $182,570 | Total Assessment | $560,410 |
PROPERTY TAXES
