2429 NW Highway 101 | Lincoln City, OR 97367
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- LoopNet Team
2429 NW Highway 101
Lincoln City, OR 97367
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strategic Relocation Store - Tenant recently relocated from 1-mile away after 10 years at previous location
- Publicly Traded (NASDAQ: GO) - $3.9 Billion in Annual Revenue
- New Long-Term Lease – 15 Year Corporate Lease - 14 Years Remaining
- Top Performing Store in the Country - Ranked in Top 35% in the Chain Nationally
- Grocery Outlet and its Subsidiaries Operate over 460 Stores Across the Country
- Inflation Resistant Cash Flows - 8.5% Rent Increases Every 5 Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,855 SF
Building Class
C
Year Built/Renovated
1961/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.93 AC
Zoning
G-C - Commercial, General
AMENITIES
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R478970 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,768,400 |
PROPERTY TAXES
Parcel Number
R478970
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,768,400
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