Address Map
USA
OR
Lane
Florence
97439
Highway 101
3451
W125° 53' 52.2''
N43° 59' 47.5''
Additional Information
Clayton Brown
30045
974500
17,272 Sqft
64,033 Sqft
Former Rite Aid | Priced Below Replacement Cost
Not Assigned
1
Masonry
98101
WA
Seattle
401 Union Street, 32nd fl
Property 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

For Sale

3451 Highway 101, Florence, Oregon 97439

  • Square Footage: 17,272 Sqft
$2,160,000
Listing ID#695302
QR Code
Basic Details
Property Type : Retail
Listing Type : For Sale
Listing ID : 695302
Price : $2,160,000
Square Footage : 17,272 Sqft
Status : Active
Office Name : Marcus & Millichap, Inc.
Property Sub Type : Retail
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Marcus & Millichap, Inc.