True
Space Available For Lease 1
115 |
Bo RushingRushing Real Estate |
Contacts
Bo Rushing
Rushing Real Estate
Property Details
- Property Type Retail - Strip
- Property Size 32,500 SF
- Units 12
- Lot Size 2.36 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 118
- Parking Ratio 3.75 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2002
- Year Renovated 2018
- Date Updated Jul 29, 2024
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Reach out to the broker for more info on lease terms and amenities
Highlights
- +/- 1,311 square feet inline
- Signalized Corner of Commercial Street SE @ Kuebler
- Great tenant mix w/long term successful tenants
- Prime signage location
- Easy access to I-5
- Lease Rate: $24-$28/SF/YR depending on TI
- Estimated NNN’s @ $7.35/SF/YR
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
3.50 miles
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76
0.07 miles
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Safeway Fuel Station
0.64 miles
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Blink
0.67 miles
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Shell
0.68 miles
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Costco Gasoline
1.16 miles
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Fred Meyer fuel #355
1.79 miles
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Chevron
2.68 miles
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City of Salem Fuel Island
2.87 miles
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Tesla Supercharger
2.95 miles
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Pacific Pride
3.02 miles
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WalMart South Park and Ride
0.30 miles
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Woodmansee Parking Lot
0.54 miles
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Rite Aid Park and Ride
0.54 miles
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Skyline Ford Salem
2.54 miles
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SSHS
2.81 miles
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Sunnyside/Turner Interchange Park and Ride
2.87 miles
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Postal Employee Parking
3.06 miles
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Lot 1
3.11 miles
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South West Parking Lot
3.13 miles
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Airport Road Park and Ride
3.19 miles
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Applebee's
0.01 miles
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Toast & Jam
0.03 miles
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Lanxang Lao Thai Cuisine
0.04 miles
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McDonald's
0.06 miles
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Shari's
0.09 miles
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Arby's
0.12 miles
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Burger King
0.15 miles
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Papa Murphy's
0.17 miles
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Paddington's Pizza
0.20 miles
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Habaneros
0.21 miles
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II Vape Salem
0.04 miles
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Walmart
0.27 miles
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Privat European Food and Bakery
0.28 miles
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Herbal Grasslands - Cannabis Dispensary
0.29 miles
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CU Quick Mart
0.30 miles
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WinCo Foods
0.50 miles
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Trader Joe's
0.58 miles
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Safeway
0.72 miles
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Natural Grocers
0.82 miles
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Roth's
1.67 miles
5070-5080 Commercial Street 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.
5070-5080 Commercial Street SE is located in South Gateway, which is home to a total of 11 listing(s). Retail space at Diamond Retail asks $26.00/SF/YR per square foot.
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The property includes 1,311 square feet of retail space for lease. Of this total, 1,311 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.
For car-travelling customers, 5070-5080 Commercial Street SE has a parking ratio of 3.75 / 1,000 SF, offering 118 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
5070-5080 Commercial Street SE was last renovated in 2018.
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