2040 Broadway St - Supermarket FOR SALE
North Bend, OR 97459 |
$4,800,000 USD
503-428-4525
2040 Broadway St
North Bend, OR 97459
HIGHLIGHTS
- The property is on a NNN lease with landlord responsible for roof and structural components
- Grocery Outlet has operated in Coos Bay for 25+ Years and has relocated their store to 2040 Broadway for increased visibility and traffic counts
- Located at the hard corner of Broadway Ave and Virginia Ave, one of the busiest and most prominent intersections in town
- The store is the only Grocery Outlet location in Coos County. The nearest locations are between 47 and 110 miles away
- Newer TPO membrane roof (2017) and in 2024-2025, significant power was added per Grocery Outlet’s requirements
- The property is situated on 1.48 acres with 78 parking stalls
FOR SALE DETAILS
PRICE
$4,800,000 USD
PRICE/SF
$288 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Grocery Outlet
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
78
LAND DETAILS
LAND ACRES
1.49 AC
LAND SF
64,904 SF
ZONING
CG
APN/PARCEL ID
5795300
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503-428-4525
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503-428-4525
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