2205-2421 Lancaster Dr NE

2205-2421 Lancaster Dr NE, Salem, OR 97305

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 135,559 SF
  • Units 1
  • Lot Size 10.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Date Updated Sep 29, 2026

Description

Located off Lancaster Drive just North of Sunnyview Rd in NE Salem.Position your business in the heart of one of Salem’s most established and heavily traveled retail corridors. Located at 2225–2421 Lancaster Dr NE, this prominent shopping center offers four available spaces ranging from approximately 1,868 SF to 7,840 SF, providing flexibility for a variety of retail, service, restaurant, and commercial users. The center benefits from approximately 34,814 ADT per day on Lancaster Drive, offering excellent exposure to a steady stream of local shoppers, commuters, and surrounding businesses. The property is located just north of Willamette Town Center and directly across from Kaiser Permanente’s North Lancaster Medical Office, creating strong visibility and a diverse customer base. The center is shadow anchored by Bi-Mart and features established national retailers including Ross Dress for Less, Big 5 Sporting Goods, La Tapatia Supermarket, Banfield Pet Hospital, Party Mart and Crunch Fitness, complemented by a variety of local and regional businesses. Nearby retail destinations include Walmart Supercenter, Fred Meyer, Grocery Outlet, Les Schwab Tire Center, and Planet Fitness, further strengthening the area’s draw and consumer traffic. Multiple access points provide convenient ingress and egress, while prominent building and pylon signage offer excellent opportunities for tenant visibility. The property is also conveniently located near the I-5 interchange, providing easy access for customers and employees throughout Salem and the surrounding area. With high traffic counts, strong surrounding retail, established co-tenancy, excellent signage, and convenient access, 2225–2421 Lancaster Dr NE offers an exceptional opportunity to establish or expand a business in one of Salem’s premier retail corridors.

Highlights

  • 1,868 SF to 7,840 SF available
  • Anchored by Bi-Mart with co-tenants including Ross Dress for Less and Big 5 Sporting Goods
  • Approximately 34,814 vehicles per day
  • Convenient access to I-5 and surrounding Salem neighborhoods
  • Established shopping center with strong tenant mix
  • Excellent building and pylon signage
  • Ideal location for retail, service, restaurant, and commercial users
  • Just north of Willamette Town Center and across from Kaiser Permanente
  • Multiple access points for convenient ingress and egress
  • Near major retailers including Walmart, Fred Meyer, Grocery Outlet, Les Schwab & Planet Fitness
  • Pad Site Available - Up to 0.10 Acres
  • Strong visibility along Lancaster Drive

4 Spaces Available

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

4,356 SF

Divisible Space

0.1 - 0.1 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

2265

Space Type

Retail

Lease Rate

$1.50/SF/MO

Total Space

1,868 SF

Divisible Space

1,868 - 1,868 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

2395

Space Type

Retail

Lease Rate

$1.25/SF/MO

Total Space

6,120 SF

Divisible Space

6,120 - 6,120 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

2421-B

Space Type

Retail

Lease Rate

$1.25/SF/MO

Total Space

7,800 SF

Divisible Space

7,800 - 7,800 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 2205-2421 Lancaster Dr NE, Salem, OR 97305, this property is part of the North Lancaster neighborhood and Eugene market.

Contact Listing Broker
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