1120-1130 Lancaster Dr SE - Restaurant FOR SALE
Salem, OR 97317 |
1120-1130 Lancaster Dr SE
Salem, OR 97317
HIGHLIGHTS
- Shadow anchored by a high-performing WinCo, which ranks in the top five in Oregon for annual visits (2.2M) and does $100M+ in annual sales
- Located on a signalized corner of Lancaster Dr, a primary retail corridor, with daily vehicle counts above 30,000
- Two of the four in-place tenants have occupied the Property for over 20 years
- Offered at $326/SF, significantly below replacement cost of $550/SF+
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Lancaster Marketplace Pad
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
9848
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
580550
