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Lancaster Marketplace 1120 Lancaster Dr SE
1,300 - 33,364 SF of Retail Space Available in Salem, OR 97301
Highlights
- Spaces are nearly turn-key condition
- Lots of drive-by traffic
- High daytime foot traffic
Space Availability (3)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste 1256 | 1,300 SF | 9 ft | Negotiable | £20.54 /SF/PA £1.71 /SF/MO £221.09 /m²/PA £18.42 /m²/MO £26,702 /PA £2,225 /MO | Triple Net | |
| 1st Floor, Ste 1264 | 28,528 SF | - | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Triple Net | |
| 1st Floor, Ste B | 3,536 SF | - | Negotiable | £19.75 /SF/PA £1.65 /SF/MO £212.59 /m²/PA £17.72 /m²/MO £69,837 /PA £5,820 /MO | Triple Net |
1120-1264 Lancaster Dr SE - 1st Floor - Ste 1256
Like new in-line hair salon space. 5 stylist stations, 3 hair wash stations, receptionist dest, large retail area, full-size washer and dryer
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 9 ft
1230 Lancaster Dr SE - 1st Floor - Ste 1264
Opportunity for a 28,000 SF junior anchor tenant as well as for nearly a turn-key salon or an established restaurant space with Winco, Sportsman's Warehouse, Dollar Tree, Coastal Farm & Ranch.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
1120-1130 Lancaster Dr SE - 1st Floor - Ste B
Restaurant space on pad with Subway & Metro PCS
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT Lancaster Marketplace
- Tenant
- Description
- US Locations
- Reach
- Dollar Tree
- Dollar/Variety/Thrift
- 10,536
- International
- Sportsman's Warehouse
- Sporting Goods
- 207
- National
- Winco Foods
- Supermarket
- 172
- National
| Tenant | Description | US Locations | Reach |
| Dollar Tree | Dollar/Variety/Thrift | 10,536 | International |
| Sportsman's Warehouse | Sporting Goods | 207 | National |
| Winco Foods | Supermarket | 172 | National |
PROPERTY FACTS FOR 1120 Lancaster Dr SE , Salem, OR 97301
| Centre Type | Power Center | Frontage | 891 ft on Lancaster Dr |
| Parking | 389 Spaces | Gross Leasable Area | 339,940 SF |
| Stores | 13 | Total Land Area | 28.88 AC |
| Centre Properties | 7 | Year Built | 1991 |
| Centre Type | Power Center |
| Parking | 389 Spaces |
| Stores | 13 |
| Centre Properties | 7 |
| Frontage | 891 ft on Lancaster Dr |
| Gross Leasable Area | 339,940 SF |
| Total Land Area | 28.88 AC |
| Year Built | 1991 |
About the Property
Winco & Dollar Tree anchored retail center
- Pylon Sign
-
Chris Lio -
NAI Elliott
Presented by
Lancaster Marketplace | 1120 Lancaster Dr SE
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