NNN Restaurant
For Sale
$950,000
1006 Chetco Ave, Brookings, OR 97415
The occupied property has a lease extending through 2037, plus four five-year renewal options.
Property Size1,762 SF
Price / SF$539.16
Days on Market41
Property Features for 1006 Chetco Ave
General Information
Standard status
Active
Size
1,762 SF
Total Parking Spaces
15
Property subtype
Commercial
Zoning
C3
Occupancy
100%
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,957
Building Details
Building Size
1,762 SF
Year Built
1998
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Century 21 Agate Realty/Gold
(541) 247-6612
Listed By:
Sara Jung Umstead
(615) 478-4699
Source:
Eaglecaprealty
Added: Sep 16
Changed: Oct 26
Last Checked: Oct 26 at 3:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Agate Realty/Gold
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Investment Insights
Based on property information with market context.
The 1,762-square-foot restaurant building was constructed in 1998 and is occupied by a national QSR tenant. The lease runs through 2037 and includes four five-year renewal options, with 3% rent increases at each renewal. The tenant pays all taxes, insurance, and utilities, and handles interior repairs, HVAC maintenance, and janitorial work. Ownership remains responsible for the roof, structure, and exterior. The property is zoned C3.
At 1006 Chetco Ave in Brookings, Oregon, the site has frontage on Highway 101.
At 1006 Chetco Ave in Brookings, Oregon, the site has frontage on Highway 101.
Key Highlights
- 1,762‑square‑foot restaurant building, constructed in 1998
- National QSR tenant in place since 2022; lease extends through 2037
- Four 5‑year renewal options and 3% rent escalations at each renewal
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
155k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Groceries 36%
Dining 22%
Apparel 6%
Fred Meyer
Groceries
43,837 visits/mo
0.1 miles
Fred Meyer Gas Station
Shops & Services
19,364 visits/mo
0.1 miles
McDonald's
Dining
13,636 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
13,127 visits/mo
0.2 miles
Grocery Outlet Bargain Market
Groceries
11,610 visits/mo
0.1 miles
Demographics for 97415, OR
14,648
Population
7,621
Households
1.9
Avg Household Size
56
Median Age
24%
College-Educated
89%
High-School Grad
305.3 sq mi
ZIP Area
48
Density / Sq Mi
$68,994
Median Household Income
$47,623
Median Earnings
$1,221
Median Rent
$385,100
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - The occupied property has a lease extending through 2037, plus four five-year renewal options.
Where is this nnn property located?
The property is located at 1006 Chetco Ave Brookings, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,762‑square‑foot restaurant building, constructed in 1998; National QSR tenant in place since 2022; lease extends through 2037; Four 5‑year renewal options and 3% rent escalations at each renewal
