407 Lancaster Dr NE, Salem, OR 97301

MARCUS & MILLICHAP HAS BEEN EXCLUSIVELY CHOSEN TO MARKET SALEM VALLEY SHOPPING CENTER a 42,033-square-foot retail center situated on 4.48 acres along Lancaster Drive NE in the heart of Salem, the state’s capital city. The property features eight parcels with 11 suites across six buildings and offers flexible investment potential, as it is available for purchase either as a complete portfolio or as individual parcels *inquire with broker for details*. The center is anchored by established national and regional tenants including IHOP, Original Roadhouse Grill, Domino’s Pizza, and DaVita, creating consistent customer traffic. Salem Valley Shopping Center also benefits from its proximity to the highly trafficked Willamette Town Center, home to retailers such as Regal Cinemas, Dollar Tree, Barnes & Noble, and Ulta Beauty, along with nearby national retailers including Rite Aid, Target, Dick’s Sporting Goods, and Walgreens. Surrounded by dense residential neighborhoods and apartment communities, the center enjoys steady daily foot traffic and strong visibility within one of Salem’s most active retail corridors.