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Shopping Strip

South Salem Commercial

5680 Commercial St SE, Salem, OR 97306

Listing Price: $4,400,000

Cap Rate
2.22%
Gross SF
12,500
Rentable SF
12,000
Price/Gross SF
$352.00
Lot Size
5.49 acres
Year Built
2005

Investment Overview

South Salem Commercial is a retail shopping center that currently has a Single Tenant Eye Clinic, Retail Strip center and a 28,500 square foot development pad in-line with the Safeway.

Investment Highlights

  • Development Pad Along Safeway
  • Below Market Rents in Existing Strip Center
  • Growing market of Salem with expansion possibilities

Exclusively Listed By

Shopping Strip

South Salem Commercial

Listing Price: $4,400,000

Cap Rate
2.22%
Gross SF
12,500
Rentable SF
12,000
Price/Gross SF
$352.00
Lot Size
5.49 acres
Year Built
2005

Investment Highlights

  • Development Pad Along Safeway
  • Below Market Rents in Existing Strip Center
  • Growing market of Salem with expansion possibilities

Investment Overview

South Salem Commercial is a retail shopping center that currently has a Single Tenant Eye Clinic, Retail Strip center and a 28,500 square foot development pad in-line with the Safeway.

Exclusively Listed By

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