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2111 Adams Ave
La Grande, OR 97850
Retail Property For Sale
PROPERTY FACTS
ABOUT 2111 ADAMS AVE , LA GRANDE, OR 97850
NEW 20 YEAR LEASE New 20 year absolute net lease with 1.5% annual increases at start of years 2-5, then 7.5% increases every 5 years starting after year 10. ABSOLUTE NET LEASE The absolute net lease structure provides owner with a passive investment and no landlord maintenance responsibilities. SAFEWAY FUEL STATION Although it is not included in the sale, the Safeway Fuel Station located on the western part of the lot increases traffic to the property and serves as a benefit to the store’s customer base. ALBERTSONS COMPANIES INC. • Corporate Guarantee from Albertsons Companies, Inc., the second-largest traditional grocer in the United States • $59.7 Billion in revenue for 2016 • Largest privately held traditional grocer in the United States • Approximately 34 million customers per week • 2,300 stores across 35 states and the District of Columbia under 20 well-known banners • Over 2,300 stores and approximately 173,000 employees nationwide
PROPERTY TAXES
| Parcel Number | 03S3808AC100 | Improvements Assessment | $5,913,870 |
| Land Assessment | $1,023,000 | Total Assessment | $6,936,870 |
PROPERTY TAXES
