2050 Lancaster Drive Northeast

2050 Lancaster Drive Northeast, Salem, OR 97305

Property Information

  • For Lease $22.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 9,393 SF
  • Lot Size 20,038 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1976
  • Date Updated Oct 16, 2026

Description

The 2,550 SF end-cap suite at 2050 Lancaster Dr NE sits on the east side of Lancaster Drive just north of Sunnyview Road, next to 7-Eleven, in Salem's North Lancaster neighborhood. This stretch of Lancaster is also OR 213, and the City of Salem counted 33,563 vehicles a day just south of Sunnyview in July 2024. Walgreens is across Sunnyview, Crunch Fitness is across Lancaster, and Kaiser Permanente's North Lancaster Medical Office and McKay High School are a few blocks north. Fred Meyer, Walmart Supercenter and Willamette Town Center (the former Lancaster Mall) are all within a mile. I-5 at the Market Street interchange (Exit 256) is 0.67 miles away.High-exposure lease opportunity in a two-story, multi-tenant retail center on Lancaster Drive NE, where roughly 34,800 cars pass daily. The center offers a large, shared parking lot, multiple ingress/egress points, and a prominent pole sign with reader board delivering built-in street advertising to every tenant. The surrounding trade area is one of Salem’s strongest: ZIP 97305 has grown 16% to more than 44,000 residents, with household sizes well above the national average — a dense, daily-needs customer base at your door. Flexible MU-III mixed-use zoning accommodates retail, personal services, office, medical, and food uses. Two suites available — a finished ground-floor retail showroom and a private second-floor office suite.

Highlights

  • ±34,800 VPD on Lancaster Dr NE
  • Ample on-site parking, multiple access points
  • Dense, growing trade area: 44,500+ residents in 97305
  • Hood + stainless prep infrastructure in place (Suite 2050)
  • Metro by T-Mobile co-tenancy
  • MU-III zoning retail, office, service & food uses
  • Pole sign w/ reader board + building signage

1 Space Available

2050 Lancaster Dr NE

Space Type

Strip

Lease Rate

$22.00/SF/YR

Total Space

2,550 SF

Divisible Space

2,550 - 2,550 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 2050 Lancaster Drive Northeast, Salem, OR 97305, this property is part of the North Lancaster neighborhood and Eugene market.

Contact Listing Broker
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