Price of Retail Space for Lease at 3815 Devonshire Ave NE

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers. Retail space at 3815 Devonshire Ave NE, Salem, OR 97305 asks $1,266.94/SF/YR per square foot.

Type of Retail Space for Lease at 3815 Devonshire Ave NE

The property includes 5,686 square feet of retail space for lease. Of this total, 5,686 square feet are Retail. Lease agreement conditions for the availability at this property include NNN. For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

Amenities and Perks of Leasing Retail Space at 3815 Devonshire Ave NE, Salem, OR 97305

You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment. Knowing your ideal customer is essential. For your consideration, the average age of residents in North Lancaster is 32. The average household income here is $66,326 per year.

3815 Devonshire Ave NE, Salem, OR 97305 - 3815 Devonshire Ave NE, Salem, OR

Space Available For Lease 3

100

Space Type Retail
Lease Rate $3,797.00/MO
Total Space Available 1,571 SF
Divisible Space 1,571 - 1,571 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

An excellent opportunity to lease a well-equipped second-generation restaurant space in a highly visible endcap location at Devonshire Shops in NE Salem, across the street from Walmart. This 1,571 SF space offers prominent building signage and abundant onsite parking, providing a strong combination of visibility and convenience for customers. The space features an efficient layout with a welcoming customer seating area, front service counter, and a fully equipped back-of-house kitchen, providing a strong foundation for a new restaurant, café, takeout concept, or other food-service use. The existing restaurant infrastructure includes a commercial hood, grease trap, multiple sinks, and a walk-in cooler. With a dedicated customer seating area and front service counter, this space offers a functional setup for both dine-in and takeout operations. A great opportunity for an established operator looking for a second location or an entrepreneur seeking a restaurant space with infrastructure already in place.

Alvin J. Nash

Tradition Real Estate Partners

130

Space Type Retail
Lease Rate $2.00/SF/MO
Total Space Available 1,105 SF
Divisible Space 1,105 - 1,105 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

1,105 SF inline retail suite offering an efficient layout and a combination of open retail space, small private office, storage, and convenient back-of-house amenities. The space features a welcoming open area at the front, providing flexibility for retail displays, customer reception, showroom space, or workspace. A private office offers a quiet space for administrative work or one-on-one meetings, while the rear area provides excellent additional storage and includes washer/dryer hookups for added functionality. The suite also features a private bathroom and excellent building signage with an abundance of onsite parking

Alvin J. Nash

Tradition Real Estate Partners

135

Space Type Retail
Lease Rate $1.83/SF/MO
Total Space Available 3,010 SF
Divisible Space 3,010 - 3,010 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

3,010 SF endcap retail suite at Devonshire Shops in NE Salem. This bright and versatile space offers excellent visibility, abundant natural light, and a flexible open layout suitable for a variety of retail, showroom, service, or commercial uses. The suite features a large open front area with expansive windows that fill the space with natural light, creating an inviting environment for customers and employees. A spacious back room provides additional flexibility for storage, inventory, workspace, or a secondary operational area. The suite also includes two bathrooms for added convenience. Excellent building signage and plenty of onsite parking for staff and customers.

Alvin J. Nash

Tradition Real Estate Partners

Contacts

Alvin J. Nash

Tradition Real Estate Partners

Property Details

Property Type Retail - Street Retail
Property Size 12,215 SF
Lot Size 1.13 Acre
Property Tenancy Multi-Tenant
Date Updated Sep 22, 2026

Ideally situated in the heart of Salem’s busy Lancaster Drive retail corridor, 3815 Devonshire Ct NE offers excellent visibility and accessibility. This location benefits from strong daily traffic, close proximity to Walmart Supercenter and Mega Foods, and easy access to I-5 via Market Street or Sunnyview Road. Surrounded by national retailers, service providers, and dense residential neighborhoods, this high-demand retail hub offers a strategic position for tenants seeking strong consumer exposure and convenience.Ask About FREE RENT! Discover an exceptional leasing opportunity at Devonshire Retail Shops. Three spaces available, an endcap second generation restaurant space, an endcap and inline retail suite with flexible terms and incentives. Situated in a MU-I zoned property, this location offers high visibility and accessibility within close proximity to large retail neighboring tenants that ensures your business will connect with hundreds of shoppers, providing a prime opportunity to expand your customer base. With a well maintained exterior, ample parking and easy access to Lancaster Dr and Silverton Road, this property ensures convenience for everyone who visits. Elevate your business with a space that cultivates productivity and growth.

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Highlights

1,105 Inline Retail Space
1,571 SF Endcap Second Generation Restaurant Space
3,010 SF Endcap Retail Space
Abundant Onsite Parking
High Visibility Location
Lease Rate: $1.83-$2.42/SF/Mo/NNN
MU-I Zoned Property
Near Lancaster Drive
NNN Estimate: $0.74/SF/Mo
Prominent Building Signage
Three Retail Suites Available

Attachments

Property Brochure 1 ()

Getting around

76/100
Walk Score ®
40/100
Transit Score ®
72/100
Bike Score ®

Powered by Walk Score ®

City Salem, OR
Neighborhood North Lancaster
Zip Code 97305
Market Eugene

Points of Interest

Salem

3.16 miles
Brooks Historical Society Depot

5.95 miles
Hopmere Station

6.03 miles

Electrify America

0.07 miles
Chevron

0.12 miles
Shell

0.22 miles
Towne Pump

0.25 miles
76

1.03 miles
Pacific Pride

1.06 miles
Fred Meyer Fuel

1.15 miles
Arco

1.18 miles
Pulse

1.26 miles
Blink

1.79 miles

WalMart North Park and Ride

0.07 miles
Firehall Lot

0.80 miles
Green Lot

0.84 miles
Orange Lot

0.84 miles
Red Lot

0.92 miles
Brown Lot

0.97 miles
Purple Lot

1.03 miles
Blue Lot

1.05 miles
Yellow Lot

1.11 miles
Market Street Park and Ride

1.14 miles

KFC

0.03 miles
A&W

0.04 miles
DQ Grill & Chill

0.08 miles
McDonald's

0.09 miles
Yan Yan

0.10 miles
Los Dos Amigos

0.11 miles
Papa Murphy's

0.11 miles
Wingstop

0.12 miles
Jamba

0.13 miles
Little Caesars

0.15 miles

Wing Wa Oriental Market

0.08 miles
Food 4 Less

0.12 miles
Walmart Supercenter

0.16 miles
Safeway

0.22 miles
Grocery Outlet

0.23 miles
A Dong Market

0.60 miles
Ross

0.64 miles
La Tapatia

0.71 miles
Bi-Mart

0.77 miles
Big Lots

0.83 miles

3815 Devonshire Ave NE Listing Brief

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

Retail space at 3815 Devonshire Ave NE, Salem, OR 97305 asks $1,266.94/SF/YR per square foot.
The property includes 5,686 square feet of retail space for lease. Of this total, 5,686 square feet are Retail.

Lease agreement conditions for the availability at this property include NNN.

For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

Knowing your ideal customer is essential. For your consideration, the average age of residents in North Lancaster is 32. The average household income here is $66,326 per year.

3815 Devonshire Ave NE, Salem, OR 97305