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Auburn Center 484-486 Lancaster Dr NE
1,550 - 16,250 SF of Retail Space Available in Salem, OR 97301
Highlights
- Located at the signalized intersection of Lancaster Dr NE and Auburn Rd
- National Tenants in this upscale shopping Center which is anchored by The Vitamin Shoppe
Space Availability (4)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 4,920 SF | 5-10 Years | £17.36 /SF/PA £1.45 /SF/MO £186.84 /m²/PA £15.57 /m²/MO £85,401 /PA £7,117 /MO | Triple Net | ||
| 1st Floor, Ste 480 | 1,550 SF | Negotiable | £17.36 /SF/PA £1.45 /SF/MO £186.84 /m²/PA £15.57 /m²/MO £26,905 /PA £2,242 /MO | Triple Net | ||
| 1st Floor, Ste 484 | 4,800 SF | 5-10 Years | £17.36 /SF/PA £1.45 /SF/MO £186.84 /m²/PA £15.57 /m²/MO £83,318 /PA £6,943 /MO | Triple Net | ||
| 1st Floor, Ste 498 | 4,980 SF | 5-10 Years | £17.36 /SF/PA £1.45 /SF/MO £186.84 /m²/PA £15.57 /m²/MO £86,443 /PA £7,204 /MO | Triple Net |
480-494 Lancaster Dr NE - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
474-488 Lancaster Dr NE - 1st Floor - Ste 480
shelving available if the tenant needs. Could all be removed. Move in ready for the right tenant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
474-488 Lancaster Dr NE - 1st Floor - Ste 484
Large retail space available for immediate occupancy. This space provides shared ample parking, additional signage as an anchor tenant and is located off of the highly trafficked Lancaster Drive.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
474-488 Lancaster Dr NE - 1st Floor - Ste 498
Large open area next to Vitamin Shoppe! Great visibility. Space could be demised for the right tenant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
PROPERTY FACTS FOR 484-486 Lancaster Dr NE , Salem, OR 97301
| Centre Type | Strip Center | Gross Leasable Area | 37,972 SF |
| Parking | 72 Spaces | Total Land Area | 5.08 AC |
| Centre Properties | 2 | Year Built | 1993 |
| Frontage | 302 ft on Lancaster Dr | Cross Streets | SEC Auburn & Lancaster |
| Centre Type | Strip Center |
| Parking | 72 Spaces |
| Centre Properties | 2 |
| Frontage | 302 ft on Lancaster Dr |
| Gross Leasable Area | 37,972 SF |
| Total Land Area | 5.08 AC |
| Year Built | 1993 |
| Cross Streets | SEC Auburn & Lancaster |
About the Property
The property is located at the signalized intersection of Lancaster Dr NE and Auburn Rd. Join neighboring National Tenants in this upscale shopping Center which is anchored by The Vitamin Shoppe. Three spaces are currently available.
- Pylon Sign
Nearby Major Retailers
-
Alex Rhoten -
Kelsi Sands -
Coldwell Banker Commercial Mountain West
Presented by
Auburn Center | 484-486 Lancaster Dr NE
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