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2429 NW Highway 101
Lincoln City, OR 97367

Price Upon Request

Supermarket For Sale  •  14,855 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 14,855 SF
  • Lot Size 0.93 AC
  • Building Class C
  • Year Built 1961
  • Tenancy Single
  • Zoning G-C
0 Transit Score
74 Walk Score

Highlights

Prime Coastal Location, Strong National Tenancy, and Long-Term Lease
Corporate-Guaranteed Lease (NASDAQ: GO): Grocery Outlet operating over 530 stores nationwide and projected $4.7 in revenue
15-Year NNN Lease: (5) Five-year renewal options are available, each with an 8.5% rent increase every five years
High Barriers to Entry: Situated in a supply-constrained infill trade area with limited land for future development
Tourism Hub: Over 30 million visitors annually to the Oregon Coast, ensuring strong foot traffic and consumer spending in the region.
Debt-Free Offering: Delivered free-and-clear, ideal for an all-cash purchase or the opportunity to secure new financing

Amenities

  • Security System
  • Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes