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Village East Shopping Center

2225, Lancaster Dr, Salem, OR 97305
$18,100,000

Description

Village East Shopping Center (Status: Pending)

2225, Lancaster Dr, Salem, OR  97305

• 7.50% cap rate on actual NOI
• Big 5 Sporting Goods early lease renewal
• Ross Dress for Less and Big 5 Sporting Goods have been at the center for 35 and 25 years, respectively
• Positive leasing momentum and tenant performance
• Top performing Ross Dress for Less and Big 5 Sporting Goods

Listing Details

Asset Class: Retail
Year Built: 1986
Building Total Square Feet: 135477
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: Newmark

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 2225, Lancaster Dr, Salem, OR 97305
  • City: Salem
  • State/county: OR
  • Zip/Postal Code: 97305
  • Neighborhood: Marion County
  • Country: United States

Detail

Updated on September 20, 2021 at 8:25 pm

  • Property ID: 639758
  • Price: $18,100,000.00/For Sale
  • Property Size: 135477 Sq Ft
  • Property Type: Retail
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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