Former Rite Aid Building

For Lease

4500 Commercial St SE, Salem, OR 97302

You can currently find 2 retail space(s) available for lease at Former Rite Aid Building. Designated use type for space listed here includes strip. Current retail listings at this property total 38,653 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Former Rite Aid Building.

Space Available For Lease 2

Contacts

Jerry Jones

Pikes Northwest

Property Details

  • Property Type Retail - Strip
  • Property Size 30,714 SF
  • Units 2
  • Lot Size 2.33 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Date Updated May 20, 2026
LOCATED NEXT TO PETCO, ULTA BEAUTY AND TRADER JOE'S...Welcome to the growing business community of Salem, Oregon. Situated in a prime and unique South Salem location, the area offers an array of retail opportunities, attracting a steady stream of shoppers and businesses alike. The property benefits from close proximity to major grocery chain, Trader Joes, national retailers, PetCo and Ulta Beauty, popular dining establishments, entertainment venues, and community hotspots, enhancing its appeal to retail tenants. With easy access to major transportation routes and a thriving local economy, this location provides an ideal setting for a Retail/Big Box Store Building, promising visibility, foot traffic, and commercial success.Discover an unparalleled leasing opportunity at this prime location in South Salem, next to ULTA Beauty, TRADER JOE'S and PETCO. This premier property offers an ideal space for businesses seeking a vibrant and accessible setting to thrive. This property provides the perfect canvas for your big retail, family entertainment or restaurant venue. Ample parking, high visibility, and easy access enhance the convenience for employees and visitors. Elevate your business at this top-tier leasing destination.
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Highlights

  • High Traffic Area
  • Large Parking Area
  • Neighboring National Tenants
  • Prime South Salem Location

Getting around

  • 75/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood Morningside
  • Zip Code 97302
  • Market Eugene

Points of Interest

  • Salem

    3.00 miles

  • Blink

    0.15 miles

  • Shell

    0.18 miles

  • 76

    0.53 miles

  • Safeway Fuel Station

    1.17 miles

  • Fred Meyer fuel #355

    1.27 miles

  • Costco Gasoline

    1.33 miles

  • Chevron

    2.16 miles

  • City of Salem Fuel Island

    2.41 miles

  • Tesla Supercharger

    2.57 miles

  • Pacific Pride

    2.60 miles

  • Rite Aid Park and Ride

    0.04 miles

  • Woodmansee Parking Lot

    0.22 miles

  • WalMart South Park and Ride

    0.82 miles

  • Skyline Ford Salem

    2.01 miles

  • SSHS

    2.29 miles

  • Lot 1

    2.59 miles

  • South West Parking Lot

    2.61 miles

  • Postal Employee Parking

    2.65 miles

  • Airport Road Park and Ride

    2.82 miles

  • Lot 2

    2.90 miles

  • Nancy Jo's Burgers and Fries

    0.05 miles

  • Jersey Mike's Subs

    0.11 miles

  • MOD Pizza

    0.11 miles

  • The Original Pancake House

    0.14 miles

  • Qdoba

    0.14 miles

  • Gold Dragon

    0.19 miles

  • Jack in the Box

    0.19 miles

  • Sushi Kyo

    0.20 miles

  • Tacos Del Sur

    0.20 miles

  • Odd Moe's Pizza

    0.22 miles

  • Trader Joe's

    0.05 miles

  • WinCo Foods

    0.15 miles

  • CU Quick Mart

    0.23 miles

  • Herbal Grasslands - Cannabis Dispensary

    0.24 miles

  • Privat European Food and Bakery

    0.26 miles

  • Natural Grocers

    0.29 miles

  • II Vape Salem

    0.55 miles

  • Walmart

    0.79 miles

  • Safeway

    1.24 miles

  • Fred Meyer

    1.26 miles

4500 Commercial St SE 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.

    4500 Commercial St SE is located in Morningside, which is home to a total of 7 listing(s). The rent for retail space at 4500 Commercial St SE is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 38,653 square feet of retail space for lease. Of this total, 38,653 square feet are Strip.

    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 Morningside is 41. The average household income here is $85,833 per year.

Contact Listing Broker
Jerry Jones

Pikes Northwest

  1. 1Main information
  2. 2Extra information
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