Map of Property

Heritage Square

For Lease

1572 Lancaster Drive Northeast, Salem, OR 97301

You can currently find 2 retail space(s) available for lease at Heritage Square. Designated use type for space listed here includes strip and retail. Current retail listings at this property total 6,792 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Heritage Square.

Space Available For Lease 2

Contacts

broker
Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

Property Details

  • Property Type Retail - Strip
  • Property Size 24,840 SF
  • Lot Size 2.42 Acre
  • Year Built 1981
  • Date Updated Apr 25, 2025
Heritage Square Shopping Center is located just off the intersection of NE Market Street and NE Lancaster Drive. Across from Fred Meyer and just North of the Lancaster Mall. This property is less than 2 minutes from Interstate-5 North and South.Two suites available for lease in a diverse and well established retail complex. Situated on a heavily trafficked area on NE Lancaster Drive. Suite 1572 has 5,592 SF and was previously home to the Queens Nightclub and is currently equipped for a bar with a kitchen that includes 2 fryers, a sink, 2 burner range with griddle and 2 standard ovens. Suite 1608 has 1,200 SF and has new flooring and paint. Would make a great boutique or retail shop!
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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 79/100

    Walk Score ®

  • 45/100

    Transit Score ®

  • 72/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood East Lancaster
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    2.48 miles

  • Brooks Historical Society Depot

    7.18 miles

  • Hopmere Station

    7.26 miles

  • 76

    0.04 miles

  • Fred Meyer Fuel

    0.19 miles

  • Petrol Express

    0.43 miles

  • Pacific Pride

    0.44 miles

  • ChargePoint

    0.71 miles

  • Pulse

    0.74 miles

  • Arco

    0.76 miles

  • Shell

    0.89 miles

  • Electrify America

    1.17 miles

  • Chevron

    1.34 miles

  • Market Street Park and Ride

    0.51 miles

  • WalMart North Park and Ride

    1.17 miles

  • Grace Baptist Church Park and Ride

    1.40 miles

  • Christ the Good Shepherd Lutheran Church Park and Ride

    1.53 miles

  • State of Oregon Shuttle Mail Hub

    1.78 miles

  • Airport Road Park and Ride

    1.96 miles

  • Firehall Lot

    1.98 miles

  • Orange Lot

    2.01 miles

  • Green Lot

    2.02 miles

  • Red Lot

    2.03 miles

  • Don Ped mexican

    0.01 miles

  • Carl's Jr.

    0.06 miles

  • Hacienda de Villa

    0.06 miles

  • Best Teriyaki

    0.07 miles

  • Elmer's

    0.12 miles

  • Aiberto's Taco Shop

    0.15 miles

  • Olive Garden

    0.18 miles

  • La Tropicana

    0.18 miles

  • Smart Nutrition

    0.18 miles

  • Oriental Chinese & Sushi Restaurant

    0.19 miles

  • Fred Meyer

    0.14 miles

  • Big Lots

    0.41 miles

  • Burlington

    0.45 miles

  • Bi-Mart

    0.47 miles

  • TJ Maxx

    0.53 miles

  • La Tapatia

    0.53 miles

  • Roth's Fresh Markets

    0.59 miles

  • Ross

    0.60 miles

  • Target

    0.72 miles

  • Grocery Outlet

    1.01 miles

1572 Lancaster Drive Northeast 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 Heritage Square asks $1.23/SF/MO per square foot.

  • The property includes 6,792 square feet of retail space for lease. Of this total, 5,592 square feet are Strip, 1,200 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 East Lancaster is 32. The average household income here is $61,039 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

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