Salem, VA Retail Space for Lease

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

14 Listings

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$14.00 - $18.00/SF/YR
Roanoke Boulevard Multi-Tenant Retail
2383 Roanoke Boulevard, Salem, VA
Space Type
Retail
6 spaces

1,500 SF
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Price on request

Main Street Primitives

2821 West Main Street, Salem, VA
Space Type
Retail
1 space

4,950 SF
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$15.95/SF/YR
Prime Salem / Roanoke Corner Property
201 Electric Rd, Salem, VA
Space Type
Retail
1 space

7,980 SF
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6 of 6
Price on request

Mill Lane Commons

1306 W Main St, Salem, VA
Space Type
Retail
4 spaces

1,742 - 8,000 SF
1 of 1
Price on request

Ridgewood Farms Shopping Center

1935 Electric Road, Salem (Roanoke), VA
Space Type
Retail
1 space

9,750 SF
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$9.00/SF/YR
Former Salem Auto Parts Building
117 Goodwin Ave, Salem, VA
Space Type
Retail
1 space

5,140 SF
Price on request

131 Electric Road

131 Electric Road, Salem, VA
Space Type
Retail
2 spaces

1,628 - 3,129 SF
Price on request

Wildwood Plaza

28-50 Wildwood Road, Salem, VA
Space Type
Retail
1 space

1,200 SF
Price on request

1215 W Main St

1215 W Main St, Salem, VA
Space Type
Retail
1 space

35,480 SF
$10.00/SF/YR
2012 Apperson Drive
2012 Apperson Drive, Salem, VA
Space Type
Retail
1 space

5,600 SF
Price on request

Spartan Square

1400 W Main St, Salem, VA
Space Type
Retail
7 spaces

800 - 4,545 SF
Price on request

Lakeside Plaza

161 Electric Road, Salem, VA
Space Type
Retail
2 spaces

2,100 - 2,450 SF
Price on request

Spartan Square

1400 West Main Street, Salem, VA
Space Type
Retail
7 spaces

800 - 4,545 SF
Price on request

Former Kmart - Salem, VA

1355 W Main Street, Salem, VA
Space Type
Retail
2 spaces

2,800 - 25,804 SF

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

In Salem, the average cost per square foot of renting retail space comes up to $14.74, 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 8 space(s) available for rent under such an agreement. You can also find 3 option(s) available with Modified Gross lease agreements.

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

NNN 8
Modified Gross 3

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

Learn More About Retail Space Listings in Salem, VA

There is a total of 172,306 square feet of retail space in Salem. This includes retail spaces ranging from 800 to 35,480 square feet. Most retail spaces in Salem are sized 1,000 sqft to 2,500 sqft, with 17 retail listing(s) falling in this category.

Salem is also home to 10 listing(s) in the 2,500 sqft to 5,000 sqft size range.

Salem, VA Retail Listings Breakdown by Space Size

Retail Size Bucket No. of Listings

more than 5,000 sqft 8

2,500 sqft to 5,000 sqft 10

1,000 sqft to 2,500 sqft 17

less than 1,000 sqft 2

Most retail spaces in Salem fall within the Strip Retail category, of which you can find 5 space(s) listed locally. On average, this type of commercial space offers 3,772 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 1 Restaurant space(s), which have an average square footage of 2,450 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 Freestanding, of which you’ll see 1 listing(s). Freestanding spaces span 4,950 square feet on average. Freestanding retail is a single-tenant retail space for entrepreneurs that want to stand out or have more room for personalization, showroom and storage. This type of retail can perfectly suit the needs of businesses like drive-through restaurants, being usually located next to a high-transit thoroughfare and featuring ample parking for customers.

Salem, VA Retail for Lease Listings by Retail Use Type

Strip Retail 5
Restaurant 1
Freestanding 1

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

Salem, VA Retail for Lease Listings by Retail Use Type

3,772 Sq. Ft.

Strip Retail

2,450 Sq. Ft.

Restaurant

4,950 Sq. Ft.

Freestanding

Finding Salem, VA Retail Space Near Me

Besides the most common types of retail space listed above, many other Salem, VA 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.