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.
Exclusively Listed By
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
