- For Lease $22.00/SF/YR
- Property Type Retail - Strip/Convenience
- Property Size 54,292 SF
- Lot Size 5.17 Acre
- Property Tenancy Multi-Tenant
- Year Built 1979
- Date Updated Apr 30, 2026
Description
River City Mall is a multi-tenant retail property spanning over 54,292 square feet on a 5.17-acre lot. Built in 1979, this strip/convenience-style shopping center provides ample space for businesses seeking a prominent location in the East Lancaster neighborhood of Salem, Oregon. The property’s layout supports a diverse range of retail tenants, offering flexibility for various business types and configurations.
The property benefits from a Walk Score of 83 out of 100 points, meaning the area is very walkable for businesses and their customers. Nearby parking facilities include Market Street Park and Ride, approximately 0.7 miles away, and Grace Baptist Church Park and Ride, just over 1 mile from the site. Though transit options are limited, the surrounding area provides access to a range of parking hubs within roughly 1.5 miles, ensuring accessibility for visitors.
True
2 Spaces Available
#1042
Retail
$22.00/SF/YR
2,933 SF
$6.77/SF/YR
2,933 - 2,933 SF
Immediate
NNN
Yes
No
ONE SPACE REMAINING! Join the lineup at this highly visible retail strip center across the street from Willamette Town Center. Great parking and signage with signalized access from Lancaster Drive. Incentives available for qualified tenants and initial lease terms.
1042 Lancaster Drive NE
Retail
$22.00/SF/YR
2,933 SF
$6.77/SF/YR
2,933 - 2,933 SF
Immediate
NNN
Yes
No
Excellent parking ratios, signage options and visibility.
Contacts
First Commercial Real Estate
First Commercial Real Estate
