Kidder Mathews is pleased to exclusively present the opportunity to acquire a multitenant shopping center anchored by Grocery Outlet, located at 2401-2429 NW US 101, Lincoln City, Oregon 97367. The property features a ±29,534-square-foot retail center with Grocery Outlet occupying approximately 50% of the total gross leasable area under a 15-year corporate-guaranteed NNN lease. The balance of the center is leased to seasoned tenants, including H&R Block, Lincoln County Board of Realtors, Lincoln City Liquor Outlet, and Papa Murphy Pizza, among others. The center features a stable tenant mix, with 85% of the GLA leased to national and regional credit tenants, ensuring reliable income and reduced investment risk. The Grocery Outlet lease includes five (5) five year renewal options with 8.5% rent increases every five years, supporting long-term income growth and investment stability. With shop tenants paying well below market rents, the asset offers significant upside to an investor through future rent adjustments or re-tenanting. For an investor seeking rent roll stability from a credit-anchored lease along with strong NOI growth potential, Lincoln City Grocery Outlet anchored center represent a rare investment opportunity combining low risk and high reward. Grocery Outlet (NASDAQ: GO) is a publicly traded company operating over 500 locations nationwide, generating more than $4 billion in annual revenue. In 2024, the company relocated to this site from a nearby store just one mile away, demonstrating their long-term commitment to the market. Situated on approximately 1.6 acres at a signalized intersection of US 101 and 25th Street, this is a prime coastal location in Lincoln City’s dominant retail corridor and one of the most traveled tourism routes in the Pacific Northwest—attracting more than 30 million visitors annually. Nearby national retailers include Safeway, Walgreens, Starbucks, Rite Aid, McDonald’s, Wells Fargo, and Chevron, forming a synergistic and high-traffic retail environment. The center also benefits from regional proximity to key metro areas: • ±2.1 hours to Portland • ±2.5 hours to Eugene • ±1.1 hours to Salem This is a 1031-exchange-ready asset that offers the ideal combination of long-term stability, credit tenancy, rental upside, and a prime location