True
Space Available For Lease 3
5775 Commercial St SE - Space #4 - Suite TBD |
Bo RushingRushing Real Estate |
5775 Commercial St SE - Space #5 - Suite TBD |
Bo RushingRushing Real Estate |
5775 Commercial St SE - Space #6 - Suite TBD- End Cap Restaurant |
Bo RushingRushing Real Estate |
Contacts
Bo Rushing
Rushing Real Estate
Property Details
- Property Type Retail - Strip
- Property Size 84,480 SF
- Units 5
- Lot Size 2.93 Acre
- Additional Rent Contact for pricing
- Parking Ratio 1.50 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2024
- Date Updated Sep 5, 2024
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Reach out to the broker for more info on lease terms and amenities
Highlights
- +/-1,440-3,203 SF available upon completion
- Mixed-Use New Development
- Rare opportunity
- Great demographics and traffic counts
- Signalized intersection of Commercial St & Wiltsey Rd
- Great tenant mix with long-term successful tenants
- Prime signage on busy Commercial Street
- Lease rate non-restaurant: $28-34/SF/YR
- Lease Rate- End Cap Restaurant: $34-42/SF/YR (Depending on TIs)
- Estimated NNN: $7.00 per square foot annually
Attachments
Getting around
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Location
- City Salem, OR
- Neighborhood South Gateway
- Zip Code 97306
- Market Eugene
Points of Interest
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Salem
4.35 miles
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Safeway Fuel Station
0.26 miles
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76
0.90 miles
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Blink
1.10 miles
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Costco Gasoline
1.37 miles
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Shell
1.57 miles
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Fred Meyer fuel #355
2.68 miles
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Chevron
3.58 miles
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City of Salem Fuel Island
3.68 miles
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Tesla Supercharger
3.68 miles
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ChargePoint
3.94 miles
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WalMart South Park and Ride
0.60 miles
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Woodmansee Parking Lot
1.41 miles
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Rite Aid Park and Ride
1.44 miles
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Sunnyside/Turner Interchange Park and Ride
1.98 miles
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Skyline Ford Salem
3.43 miles
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SSHS
3.69 miles
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Postal Employee Parking
3.82 miles
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Airport Road Park and Ride
3.90 miles
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Lot 1
3.99 miles
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South West Parking Lot
4.02 miles
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Taco Bell
0.03 miles
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Subway
0.07 miles
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Stonefront Tavern
0.21 miles
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Osaka Hibachi
0.26 miles
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The Easy Otter
0.26 miles
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Rushabowl
0.26 miles
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Banh Mi Phuong Hoi An
0.26 miles
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Dalia's Taqueria
0.26 miles
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Nanay's
0.27 miles
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Beehive Station
0.27 miles
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Safeway
0.24 miles
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Walmart
0.64 miles
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II Vape Salem
0.87 miles
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Privat European Food and Bakery
1.17 miles
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Herbal Grasslands - Cannabis Dispensary
1.18 miles
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CU Quick Mart
1.19 miles
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WinCo Foods
1.38 miles
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Trader Joe's
1.47 miles
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Natural Grocers
1.71 miles
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Roth's
2.38 miles
5775 Commercial St SE Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
5775 Commercial St SE is located in South Gateway, which is home to a total of 11 listing(s). Retail space at Anthony's Corner @ Wiltsey asks $35.00/SF/YR per square foot.
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The property includes 6,227 square feet of retail space for lease. Of this total, 4,643 square feet are Retail, 1,584 square feet are Strip.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in South Gateway is 39. The average household income here is $80,474 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Bo Rushing
Rushing Real Estate