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Rite Aid

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Rite Aid

3451 Highway 101, Florence, OR 97439
Retail For Sale Available 1 floors Zoning: HC
Asking Price
$2,160,000
Total Building17,272 SF
Available17,272 SF avail
Land64,033 SF land
ConstructionMasonry
MarketNot Assigned
CountyLane

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Overview

Property ID
303427
Listing ID
695302
Type
Retail
Asset Class
Retail
Zoning
HC

Description

Marcus & Millichap’s Brown Retail Group has been exclusively selected to market for sale the Former Rite Aid at 3451 Hwy 101, Florence, OR — a premier value-add or redevelopment opportunity in a thriving retail corridor. The Property is a 17,272 SF freestanding high-quality concrete block building, built in 2008 and is priced at $125/SF, which is a fraction of the cost to build a comparable building in today’s market, and is also equipped with abundant on-site parking and includes a drive thru. The Property is located on a signalized hard corner with exceptional visibility and direct exposure to over 34,000 vehicles per day. With a high-volume Fred Meyer located just minutes away—drawing over 1.4 million visitors per year—the location provides significant consumer traffic and retail synerg

Listing Courtesy of:

CB
Clayton Brown
Marcus & Millichap, Inc.
401 Union Street, 32nd fl,
Seattle, WA 98101
State: OR City: Florence ZIP: 97439 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.