Brand new development on two acres of land across the street from Safeway in West Salem. Excellent visibility from Highway 22. Site can accommodate up to 19,750 SF. All site work is complete and the parking lot finished. In addition to Safeway, other nearby retailers include Dollar Tree, Subway, Westside Taphouse, Urban Grange Coffee and Great Clips.
West Salem households (defined by people who live in the 97304 zip code) have median annual household income of almost $93,000 and average household income of almost $125,000. The current population of this area is about 36,000 people and is one of the fastest growing areas of Salem.
Building Construction
Construction will begin once sufficient pre-leasing is achieved.
Availability
2,000 – 19,750 SF; multiple layout options available.
Lease Rates
Will be dependent upon delivery condition negotiated. NNN lease structure with estimates starting in the $7.00/SF range.
Tenant Improvements
Landlord has capacity to build out tenant-specific improvements for qualified tenants and terms, which will be amortized into the rent over the initial lease term.
