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1815 4th St
Tillamook, OR 97141
Safeway · Retail Property For Sale
PROPERTY FACTS
ABOUT 1815 4TH ST , TILLAMOOK, OR 97141
Safeway is located right off busy Highway 101. The store takes up one full city block with the parking lot across 4th avenue also on one full city block. Both lots are included in the sale. Multiple points of ingress/egress exist on both 4th street and 3rd Street. Both lots benefit from excellent access and visibility. The absolute net lease structure provides the owner with a passive investment and no landlord maintenance responsibilities. The 20 year absolute net lease has 1.5% annual increases at start of years 2-5, then 7.5% increases every 5 years starting after year 10. Albertsons Companies Inc.’s 2016 revenues were $59.7 Billion. The company acquired Safeway in 2015 and now operates over 2,300 stores under several brands in 35 states.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,563,220 | |
| Land Assessment | $1,381,330 | Total Assessment | $7,944,550 |
PROPERTY TAXES
