Grocery Outlet

2429 Northwest U.S. 101, Lincoln City, OR 97367

  • For Sale $7,090,000
  • Property Type Retail - Street Retail
  • Property Size 14,855 SF
  • Lot Size 0.96 Acre
  • Property Tenancy Single Tenant
  • Year Built 1961
  • Year Renovated 2023
  • Date Updated Mar 30, 2024
-This Grocery Outlet recently relocated from another site within Lincoln City, OR, and underwent extensive renovations in 2023. It features a 15-year net lease with five, 5-year options and 8.5% increases every 5 years. The subject property is located adjacent to a strip center along the iconic, extensively traveled Pacific Coast Highway (21K VPD) in a high demand retail corridor surrounded by dense housing.

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Attachments

Highlights

  • This Grocery Outlet was renovated in 2023 and features a 15-year net lease and five, 5-year options
  • Grocery Outlet relocated to this site from another Lincoln City location
  • 8.5% rental increases every 5 years throughout the primary term and options to combat inflation
  • Adjacent to a strip center featuring Papa Murphy’s, H&R Block, and other regional tenants
  • Located in high demand retail corridor and surrounded by dense housing, hotels, and tourist attractions

Contacts

broker

Dave Lucas

CP Partners

(415) 274-7390

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable

  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Lincoln City, OR
  • Zip Code 97367

Points of Interest

  • Chevron

    0.05 miles

  • Circle K

    0.82 miles

  • Space Age

    1.50 miles

  • Tesla Supercharger

    1.75 miles

  • Circle K

    1.79 miles

  • Chevron

    3.61 miles

  • ChargePoint

    3.80 miles

  • Friends of Wildwoods Trailhead

    0.50 miles

  • Emergency Parking

    0.62 miles

  • General Hospital Parking

    0.69 miles

  • Boat Trailer parking

    0.91 miles

  • Extra Vehicle Parking

    0.92 miles

  • Spyglass Ridge Trailhead

    3.06 miles

  • Inn at Spanish Head parking

    3.34 miles

  • Cascade Head Trailhead

    4.14 miles

  • Cascade Head South Trailhead

    4.18 miles

  • Cascade Head Upper Trailhead

    5.47 miles

  • Papa Murphy's

    0.03 miles

  • Dairy Queen

    0.09 miles

  • Subway

    0.11 miles

  • Blackfish Cafe

    0.16 miles

  • Beachin' Pizza

    0.17 miles

  • Gallucci's Pizzeria

    0.22 miles

  • Thai Bay Restaurant

    0.24 miles

  • Super Oscar's Mexican Food

    0.27 miles

  • Puerto Vallarta Mexican Restaurant

    0.30 miles

  • Grub To Go

    0.36 miles

  • Kenny's IGA

    0.00 miles

  • Safeway

    1.00 miles

  • Grocery Outlet

    1.03 miles

  • El Torito

    1.33 miles

  • McKay's Market

    1.57 miles

  • Trillium Natural Foods

    1.63 miles

  • Bi-Mart

    1.65 miles

  • Kenny's IGA Village Market

    3.76 miles

  • Chester's Markets

    9.38 miles

Frequently Asked Questions

What is the lease rate for Grocery Outlet?

Rental asking rate at Grocery Outlet is $3,545,000.00/YR.

What is the total square footage of Grocery Outlet?

Grocery Outlet totals 14,855 square feet.

When was this property built?

Grocery Outlet was built in 1961.

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Contact Listing Broker

broker

Dave Lucas

CP Partners

(415) 274-7390