For Sale

Grocery Outlet

1950 14th Ave SE, Albany, OR 97322

Albany Grocery Outlet

Corporate guaranteed, single-tenant net-leased grocery investment

NAI Elliott presents the chance to acquire Grocery Outlet, located within the Heritage Plaza in Albany, OR.

  • NNN leased fee investment with minimal Landlord responsibilities 
  • Continued operation since 2006, demonstrating long-term location commitment 
  • Recent option execution PLUS request for additional, third option term
  • 10% rental increase every five years, providing a hedge against inflation  
  • Grocery Outlet is the nation’s largest extreme value grocery retailer, with more than 450 locations and over $3.6 billion in annual revenue
  • Durable income stream backed by a publicly traded tenant that is a leader in its value grocery category 
  • Excellent 1031 exchange opportunity or addition to a net leased portfolio.



Property Type

Retail - Free Standing Building

Total Building Area

22,700 SF

Exterior shot of Albany, Oregon Grocery Outlet
Monument sign located at Albany, Oregon Grocery Outlet
Aerial shot of Albany, Oregon Grocery Outlet

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© 2022 NAI Elliott - All Rights Reserved

© 2022 NAI Elliott - All Rights Reserved

© 2022 NAI Elliott - All Rights Reserved


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