Property Listing No Longer Available for Sale

4155 Rickey St SE, Salem, OR

Shopping Center for Sale - $2,250,000 - 10,298 Sq. Ft. on 32234 acres


Property Info

CIMLS#431665
Location
  4155 Rickey St SE
  Salem OR 97317
UpdatedSeptember 12th, 2012
TypeShopping Center
Price$2,250,000
Building10,298 Sq. Ft.
Land32234 acres

Property Description

Constructed in 2006, this property is in great condition. Vacant suites are ready for tenants, the property has little to no differed maintenance, and shows very well. Tenants have taken excellent care of their spaces. Current tenant mix provides a great deal of trips keeping the center flowing. This property provides a great mix of both in place income as well as a value add component for the experienced operator / owner / manager.

Location Description:

South Lancaster is a highly desirable retail trade area for all businesses due to high traffic counts and proximity to retail and food options. High number of retail and shopping options in the area due to the close proximity to roof tops make this a sought after area. This site is well positioned on a gateway to the south east neighborhoods

Highlights:

>> Great tenant mix with national, regional and local

>> Significant upside potiential on remanagment

>> Highly sought after trade area for new retailers


Financials