1270 Lancaster Dr SE - Restaurant FOR SALE


Salem, OR 97317
$3,800,000 USD
503-730-7924
1270 Lancaster Dr SE, Salem, OR for Sale
$3,800,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

1270 Lancaster Dr SE
Salem, OR 97317


HIGHLIGHTS

  • Free Standing Restaurant Building in a strong retail market
  • Exposure on to Highway 22 with a huge monument signage
  • Cross easements for parking and access with Lancaster Marketplace
  • Strong Anchor Tenants including Winco Foods / Sportsmen Warehouse / Dollar Tree

OVERVIEW

Former Shari's restaurant on a pad site located in the 350,000 SF Lancaster Marketplace Power Center. Property is for sale or for lease - lease rates based on market values. All FFE is still in place.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$880 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Shari's Restaurant Vacant Salem Oregon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

-

APN/PARCEL ID

R80554

ASK ABOUT THIS PROPERTY

Michael FoleyFirst Commercial RE AdvisorMore Info
503-730-7924

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael FoleyFirst Commercial RE AdvisorMore Info
503-730-7924

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.