Grocery Outlet

For Sale

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

This Lincoln City property for sale is located at 2429 Northwest U.S. 101. The current listed sale price for Grocery Outlet is $7,090,000. Grocery Outlet is situated on a lot that is 0.96 acre in size.

Contacts

broker

Dave Lucas

CP Partners

(415) 274-7390

Property Details

  • 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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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

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

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

Dave Lucas

CP Partners

(415) 274-7390