Dorchester Plaza
Stabilized Retail & Storage Investment
1930-1960 Commercial St SE, Salem, OR 97302
Photo Gallery
Property Overview
Rent Roll
| Tenant / Unit | Annual Rent | Lease Exp |
|---|---|---|
| Salon Argent | $18,600 | Dec-29 |
| Lux Salon | $18,600 | Jul-29 |
| Fast Mart | $31,212 | Dec-26 |
| Storage Units (8) | $13,650 | Varies |
Documents & Financials
Original Pancake House Complex
Seven-Tenant Retail/Office Investment
4656 Commercial St SE, Salem, OR 97302
Photo Gallery
Key Investment Highlights
📍 Iconic Local Landmark
Iconic breakfast spot in Salem for over three decades, ensuring high traffic and name recognition.
🏢 Strong & Stable Tenant Mix
Anchored by a UPS Store with other long-term tenants in chiropractic, beauty, and financial services.
🚗 High-Traffic Corridor
Estimated 40,000 cars per day, surrounded by major retailers like Trader Joe's and WINCO.
Property Overview
Rent Roll
| Tenant Name | Size (SF) | Annual Rent |
|---|---|---|
| Original Pancake House | 3,272 | $114,577 |
| UPS Store | 2,536 | $54,663 |
| Salon Wisp | 1,485 | $34,389 |
| Robertson Spine Clinic | 1,500 | $34,445 |
| Capital Coin, Corp | 800 | $18,397 |
| American National Ins. | 800 | $11,300 |
| Christensen's Travel | 500 | $12,240 |
Documents & Financials
5375-5399 Commercial St SE
Value-Add Retail & Office Property
5375-5399 Commercial St SE, Salem, OR 97306
Photo Gallery
Key Investment Highlights
📈 Significant Value-Add
Lease the vacant 2,877 SF office space to immediately increase cash flow and achieve a proforma 6.76% cap rate.
✅ Stable Retail Income
The 4,915 SF retail strip center is fully leased, providing a stable income base from day one.
📍 Prime Location
Located in a highly sought-after area of Salem with excellent visibility for both retail and office tenants.
Property Overview
Current Retail Rent Roll
| Tenant | Sq Ft | Annual Rent |
|---|---|---|
| Debbie's Grooming | 1105 | $20,288 |
| Pizza Now | 1600 | $35,504 |
| Market | 1732 | $39,143 |
| Salon | 970 | $18,000 |
Documents & Financials
Cornerstone Plaza
Multi-Tenant Retail Investment
2809 Market Street NE, Salem, OR 97301
Photo Gallery
Key Investment Highlights
🤝 Established Tenants
Home to well-established local businesses Corner Market and Oregon Trail Bakery, providing a solid tenant base.
📍 High-Visibility Corridor
Located in Salem's bustling retail corridor on Market Street NE, just minutes from I-5, ensuring strong traffic counts.
💼 Thriving Market
An attractive opportunity in Salem's steadily growing commercial real estate market.
Property Overview
Rent Roll
| Tenant | Monthly Rent | Lease Expiration |
|---|---|---|
| Bakery | $5,800.00 | Month to Month |
| Corner Market & Taco Shop | $3,643.47 | Sep 30, 2028 |
| Lamar Sign | $305.94 | 2037 |
Documents & Financials
Lancaster Marketplace Pad
100% Occupied Shadow-Anchored Retail
1120-1130 Lancaster Dr SE, Salem, OR 97317
Photo Gallery
Key Investment Highlights
🛒 Shadow-Anchored by WinCo
Outparcel to a top-performing WinCo with 2.2M+ annual visits, driving significant daily traffic.
🚦 Signalized Corner
Positioned on a primary retail corridor (30k+ VPD) adjacent to the I-5 interchange (180k+ VPD).
📅 Long-Term, Stable Tenancy
100% occupied with strong tenants; two have been at the property for over 20 years.
Property Overview
Rent Roll
| Tenant | Leased SF | Lease Expiration |
|---|---|---|
| Metro PCS | 1,136 | 03/31/2027 |
| Subway | 2,904 | 05/31/2028 |
| Akira Sushi/China Express | 3,536 | 11/30/2035 |
| Thai Beer Restaurant | 2,272 | 03/31/2029 |