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2040 Broadway St
North Bend, OR 97459

$4,550,000 USD

Supermarket For Sale  •  16,678 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 16,678 SF
  • Lot Size 1.49 AC
  • Building Class B
  • Year Built 1996
  • Cap Rate 6.60 %
  • Tenancy Single
  • Zoning CG
0 Transit Score
55 Walk Score

Highlights

The property is on a NNN lease with landlord responsible for roof and structural components
Grocery Outlet has operated in Coos Bay for 25+ Years and has relocated their store to 2040 Broadway for increased visibility and traffic counts
Located at the hard corner of Broadway Ave and Virginia Ave, one of the busiest and most prominent intersections in town
The store is the only Grocery Outlet location in Coos County. The nearest locations are between 47 and 110 miles away
Newer TPO membrane roof (2017) and in 2024-2025, significant power was added per Grocery Outlet’s requirements
The property is situated on 1.48 acres with 78 parking stalls

Property Flyers

Cap Rate: 6.60 %

Major Tenants

Tenant SF Occupied Lease End Date
Grocery Outlet 16,678 SF 5/31/2035

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Car Charging Station

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 78
Type: Surface
Included in Rent: Yes
Lance Sasser 503-428-4525 Kidder Mathews
Lance Sasser 503-428-4525 Kidder Mathews