This Retail Property is no longer advertised on LoopNet.com.

2401-2429 NW Highway 101
Lincoln City, OR 97367
Retail Property For Sale

Investment Highlights

  • Low Price Point Grocery Anchored Shopping Center, 7% Cap Rate, $8,350,000
  • Seasoned Co-Tenants - Includes H&R Block, Lincoln County Board of Realtors, Lincoln City Liquor Outlet, and Papa Murphy Pizza.
  • Prime Coastal Location - Situated in one of the Pacific Northwest’s top tourist destinations, with strong year-round consumer traffic.
  • Grocery Outlet (NASDAQ: GO): ±14,855 SF (50% of GLA) under new 15-year NNN lease with corporate guarantee.
  • 85% National/Regional Credit Tenancy - Income diversity with daily-use, service, and necessity-based tenants.
  • High Barriers to Entry - Supply-constrained, infill trade area with virtually no readily available sites for future development.

Property Facts

Property Type
Retail
Building Size
29,534 SF
Building Class
C
Year Built/Renovated
1961/2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
1.60 AC
Zoning
GC - Commercial, General
Parking
80 Spaces (2.71 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Security System
  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
R478970
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,768,400
  • Listing ID: 37527747

  • Date on Market: 9/3/2025

  • Last Updated:

  • Address: 2401-2429 NW Highway 101, Lincoln City, OR 97367

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