827-835 Lancaster Dr NE
Salem, OR 97301
Willamette Town Center · Property For Lease
Property Facts
| Property Type | Retail | Total Land Area | 50.61 AC |
| Property Subtype | Freestanding | Year Built/Renovated | 1971/2001 |
| Gross Leasable Area | 393,453 SF | Parking Ratio | 5.43/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 393,453 SF |
| Total Land Area | 50.61 AC |
| Year Built/Renovated | 1971/2001 |
| Parking Ratio | 5.43/1,000 SF |
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
About the Property
Willamette Town Center, previously known as Lancaster Mall, is located in Salem, Oregon and has served the community since 1971 providing retail, service and entertainment uses. The Center comprises over 635,000 SF of retail space and sits on approximately 50 acres along Lancaster Drive in Salem. The Center is bordered to the west by the Interstate 5 Freeway and to the south by Center Street across from shadow anchor, Target, making Willamette Town Center a regional hub for the City of Salem and the greater Willamette Valley. Salem is both the capital of Oregon and the county seat of Marion County, helping to create the state' s second largest city with a population of 160,690 and an MSA population of 410,091 (2016). Salem has a civilian labor force of 203,500 with a median household income of $49,508. Major employers in Salem include the State of Oregon government (23,100 employees), Salem Hospital (3,900 employees), Marion County government (1,511 employees), Federal Government (1,500 employees), City of Salem government (1,327 employees), Kaiser Permanente (1,200 employees), and Willamette University (2,673 students, 800 employees). The Salem-Keizer area is home to two regional malls and one power center and is home to Oregon' s only full-line Nordstrom store outside the Portland-metro area.
- Banking
- Bus Line
- Dedicated Turn Lane
- Food Court
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
