Former Rite Aid Building
4500 Commercial St SE, Salem, OR 97302
38,653
SF AvailableKey features
- High Traffic Area
- Large Parking Area
- Neighboring National Tenants
- Prime South Salem Location
Rental Details
- Number of spaces 2
- Total square feet available 38,653 SF
- For Lease Contact for pricing
- Space Types Strip
- Lease Type NNN
- Date Updated May 22, 2026
Reach out to the broker for more info on lease terms and amenities
True
For Lease 2 Spaces Available
Former Rite Aid Building - DEMISED SPACE |
For tenants seeking a smaller footprint, approximately 7,938± SF of the former Rite Aid Building is available as a demised retail suite. This space offers excellent visibility, flexible layout options, and shared access to ample parking. The suite benefits from prominent frontage, strong traffic counts, and convenient access, making it ideal for a variety of retail or entertainment uses. Contact Listing Brokers for Pricing.
Jerry Jones
Pikes Northwest |
FORMER RITE AID Retail Space |
Discover an unparalleled leasing opportunity at this prime location in South Salem, next to ULTA Beauty, TRADER JOE'S and PETCO. This premier retail property offers an ideal space for businesses seeking a vibrant and accessible setting to thrive. With its modern design, versatile layout, and state-of-the-art amenities, the property provides the perfect canvas for vision. The space also offers a smaller demised option around 8,000 SF. Ample parking, high visibility, and easy access enhance the convenience for employees and visitors. Elevate your business at this top-tier leasing destination. Contact Listing Brokers for Pricing.
Jerry Jones
Pikes Northwest |
Contacts
Pikes Northwest
Building Details
- For Lease Contact for pricing
- Property Type Retail - Strip
- Property Size 30,714 SF
- Units 2
- Lot Size 2.33 Acre
- Property Tenancy Multi-Tenant
- Year Built 1984
- Date Updated May 22, 2026
Getting Around
-
Walk Score ®
Very Walkable (75) -
Transit Score ®
Some Transit (38) -
Bike Score ®
Very Bikeable (71)
Location
- City Salem, OR
- Neighborhood Morningside
- Zip Code 97302
- Market Eugene
Points of Interest
Shell
0.18 miles
76
0.53 miles
Safeway Fuel Station
1.17 miles
Fred Meyer fuel #355
1.27 miles
Costco Gasoline
1.33 miles
Chevron
2.16 miles
City of Salem Fuel Island
2.41 miles
Tesla Supercharger
2.57 miles
Pacific Pride
2.60 miles
Woodmansee Parking Lot
0.22 miles
WalMart South Park and Ride
0.82 miles
Skyline Ford Salem
2.01 miles
SSHS
2.29 miles
Lot 1
2.59 miles
South West Parking Lot
2.61 miles
Postal Employee Parking
2.65 miles
Airport Road Park and Ride
2.82 miles
Lot 2
2.90 miles
WinCo Foods
0.15 miles
CU Quick Mart
0.23 miles
Herbal Grasslands - Cannabis Dispensary
0.24 miles
Privat European Food and Bakery
0.26 miles
Natural Grocers
0.29 miles
II Vape Salem
0.55 miles
Walmart
0.79 miles
Safeway
1.24 miles
Fred Meyer
1.26 miles
4500 Commercial St SE Listing Summary
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The Price for Retail Space at 4500 Commercial St SE
The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.
4500 Commercial St SE is located in the Morningside neighborhood, which is home to a total of 7 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.
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Retail Space Options Available at 4500 Commercial St SE
The property exclusively contains Strip space totaling 38,653 square feet. The leasing opportunity here is available under NNN lease terms.
In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 4500 Commercial St SE, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. The property includes 1 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.
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Get to Know the Retail Scene in the Morningside Neighborhood
4500 Commercial St SE is located in the Morningside neighborhood of Salem. The Morningside retail market offers 7 retail listing(s), representing a total of 84,445 square feet of retail space for lease.
The most common retail type in the Morningside neighborhood is Restaurant, of which the market currently offers 3 space(s). You can also find 2 Strip space(s).
When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Morningside resident is 41 years old, and the median household income here is $85,833 per year.
Pikes Northwest
