Salem, OR Retail Space for Lease - 86 Listings

Search retail property for lease and view the Market Overview section below for local stats and insight.

Anchor Space Available

2470 Mission Street SE, Southeast Salem, Salem, OR
Space Type

Retail
For Lease Contact for pricing

2 spaces available / 1,000 - 116,866 SF
View Details (opens in new window)
Market Square

1677 Hawthorne Avenue NE, Northeast Salem, Salem, OR
Space Type

Retail
For Lease

$20.00/SF/YR
1 space available / 1,325 SF
View Details (opens in new window)
High-Exposure Downtown Salem Retail Space

330 Court St NE, Central Salem, Salem, OR
Space Type

Retail
For Lease

$0.12/SF/MO
1 space available / 2,407 SF
View Details (opens in new window)
Mission Street Crossing Retail Spaces

1221 23rd Street SE, Southeast Salem, Salem, OR
Space Type

Retail
For Lease

$28.00/SF/YR
1 space available / 3,510 SF
View Details (opens in new window)
Kuebler Gateway

2541 Boone Rd SE Salem, South Gateway, Salem, OR
Space Type

Retail
For Lease Contact for pricing

3 spaces available / 3,558 - 6,830 SF
View Details (opens in new window)
1555 12TH STREET SE

1555 12TH STREET SE, South Central Salem, Salem, OR
Space Type

Retail
For Lease

$225.00/MO
1 space available / 2,400 SF
View Details (opens in new window)

What Retail Space Rent & Type to Expect in Salem, OR

In Salem, the average cost per square foot of renting retail space comes up to $20.18, based on local retail spaces listed for lease on our website. This price can be influenced by several factors, such as location, retail space type, space size, and the structure or type of the lease.

The most popular lease type in Salem is NNN, with 59 space(s) available for rent under such an agreement. You can also find 6 option(s) available with Full Service lease agreements, and 6 Modified Gross listing(s).

Most Common Type of Lease for Retail Listings in Salem, OR

NNN 59
Full Service 6
Modified Gross 6

Data based on retail spaces listed for rent on PropertyShark.com.

Learn More About Retail Space Listings in Salem, OR

There is a total of 890,643 square feet of retail space in Salem. This includes retail spaces ranging from 2 to 116,866 square feet. Most retail spaces in Salem are sized 1,000 sqft to 2,500 sqft, with 69 retail listing(s) falling in this category.

Salem is also home to 43 listing(s) in the less than 1,000 sqft size range.

Salem, OR Retail Listings Breakdown by Space Size

Retail Size Bucket No. of Listings

more than 5,000 sqft 36

2,500 sqft to 5,000 sqft 40

1,000 sqft to 2,500 sqft 69

less than 1,000 sqft 43

Most retail spaces in Salem fall within the Strip Retail category, of which you can find 25 space(s) listed locally. On average, this type of commercial space offers 3,382 square feet. Strip retail spaces target customers that intend to make a single stop for all their shopping needs. To that end, businesses that intend to rent a strip retail space can benefit greatly from filling a niche in a strip mall or complementing the other stores around them.

Salem also hosts 11 Restaurant space(s), which have an average square footage of 3,422 square feet. Restaurant retail space offers tenants all the amenities that such an establishment might need to prepare and serve food on the premises. That usually includes a seating area, separate kitchen and storage.

The third most popular type of retail space in the Salem market is Neighborhood Center, of which you’ll see 9 listing(s). Neighborhood Center spaces span 610 square feet on average. Neighborhood centers operate like smaller power centers or malls, bringing together retailers from a multitude of categories while also trying to attract customers through the convenience of proximity.

Salem, OR Retail for Lease Listings by Retail Use Type

Strip Retail 25
Restaurant 11
Neighborhood Center 9
Street Retail 4
Strip/Convenience 4

Data based on retail spaces listed for rent on PropertyShark.com.

Salem, OR Retail for Lease Listings by Retail Use Type

3,382 Sq. Ft.

Strip Retail

3,422 Sq. Ft.

Restaurant

610 Sq. Ft.

Neighborhood Center

2,644 Sq. Ft.

Street Retail

1,517 Sq. Ft.

Strip/Convenience

Where You Are Most Likely to Find Retail Space in Salem, OR

Some neighborhoods become famed shopping destinations thanks to their long retail history. Other times, an area’s potential for shoppers is boosted by the opening of a large shopping mall, attracting more retail development to take advantage of the influx of shoppers.

Central Salem is Salem's most popular neighborhood for retail, currently home to 46 listing(s). The most popular retail space type in Central Salem is Restaurant, of which you can currently find 2 listing(s).

Another popular area for retail space in Salem is Faye Wright, which currently offers 25 retail listing(s). In the Faye Wright neighborhood, the most common subtype of retail is Neighborhood Center. You can find 7 Neighborhood Center listing(s) here.

South Gateway can also be counted among the best areas of Salem for retail leasing opportunities. This South Gateway submarket currently offers 10 retail listing(s).

Top Salem, OR Neighborhoods for Retail Leasing Opportunities

Neighborhood Listings

Central Salem 46

Faye Wright 25

South Gateway 10

West Salem 10

Higland 9

Finding Salem, OR Retail Space Near Me

Besides the most common types of retail space listed above, many other Salem, OR retail listings may suit your particular business needs. To explore our listings and find the right space for you, use the interactive map to navigate to your desired search area or input the name of a particular neighborhood you’re interested in. You can also draw a polygon to only search for properties within a designated area or use the radius tool to only see retail listings within a certain distance of a point of interest. You can further refine your search with just a click by filtering listings based on size, amenities, and price ranges.

Salem, OR Retail Space for Lease - 86 Listings

Anchor Space Available

Market Square

High-Exposure Downtown Salem Retail Space

Mission Street Crossing Retail Spaces

Kuebler Gateway

1555 12TH STREET SE

Other Popular Searches

Popular Office Searches

Popular Commercial Searches

What Retail Space Rent & Type to Expect in Salem, OR

Most Common Type of Lease for Retail Listings in Salem, OR

Learn More About Retail Space Listings in Salem, OR

Salem, OR Retail Listings Breakdown by Space Size

Salem, OR Retail for Lease Listings by Retail Use Type

Salem, OR Retail for Lease Listings by Retail Use Type

Where You Are Most Likely to Find Retail Space in Salem, OR

Top Salem, OR Neighborhoods for Retail Leasing Opportunities

Finding Salem, OR Retail Space Near Me