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1385 Newmark Ave 16,032 SF Retail Building Coos Bay, OR 97420 $1,975,000 ($123.19/SF) 6.37% Cap Rate

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INVESTMENT HIGHLIGHTS

Prime Location!
Currently leased through 2026 on a NNN basis

Strategically situated along a major arterial road
Expansive open-plan layout with Functional Design:

EXECUTIVE SUMMARY

Exceptional Steel-Framed Warehousing & Retail Facility for Sale – Prime Location! Discover a golden investment opportunity with this expansive steel-framed warehousing and retail building, strategically situated along a major arterial road boasting high traffic counts and unparalleled visibility. This property is currently leased through Dec 31st 2026 on a NNN basis, with $10,490 per month passive income offering a lucrative sale-leaseback opportunity with potential for owner-occupant options. Key Features: Generous Space: Expansive open-plan layout with soaring ceilings. Functional Design: Includes a small office, breakroom, and a well-appointed backend with storage and a receiving dock. Attractive Exterior: Features a spacious parking lot, elegant landscaping, and prominent signage to elevate your brand's presence. This property is ideal for investors seeking immediate rental income with the flexibility to expand or relocate your business in the future. Why Wait? Call today to explore lease details or to arrange your private tour. Don’t miss the chance to see it in action – check out our MUST-SEE video/virtual tour link!

PROPERTY FACTS

Sale Type

Investment NNN

Sale Condition

Sale Leaseback

Property Type

Retail

Property Subtype

Supermarket

Building Size

16,032 SF

Building Class

Year Built

1978

Price

$1,975,000

Price Per SF

$123.19

Cap Rate

6.37%

NOI

$125,880

Tenancy

Single

Building Height

1 Story

Loading Docks

2 Exterior

Building FAR

0.29

Lot Size

1.28 AC

Opportunity Zone

Yes

Zoning

C-1 - General Commercial

Parking

76 Spaces (4.74 Spaces per 1,000 SF Leased)

Frontage

206’ on Newmark Ave

24 Hour Access

Signage

Storage Space

Monument Signage

Retailer
99,999 SF
$9.99
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Grocery Outlet Holding Corp. is an American discount grocery retailer founded in 1946 by James Read in San Francisco, California. The company operates a network of independently owned and operated stores under the Grocery Outlet Bargain Market banner. Its business model focuses on opportunistic purchasing of surplus, overstock, and closeout products from major manufacturers, allowing customers to save 40–70% compared to conventional retail prices. As of late 2025, the company operates over 535 stores across 16 states, with California being its largest market. The Campbell location serves the South Bay area, offering groceries, fresh produce, frozen foods, health and beauty products, and household essentials at significant discounts.