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Leased Grocery Retail Building
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1120 Campbell Street, Baker City, OR 97814

Fee-simple grocery property leased under a 20-year absolute NNN structure through February 2035.

Property Size48,239 SF
Days on Market123

Property Features for 1120 Campbell Street

General Information

Standard status Active
Size 48,239 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Nick Foster · License #CA 01831851
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 4:58AM

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 JLL - Irvine (Orange County), California

Investment Insights

Based on property information with market context.

The offering is the fee simple interest in a recently leased, 48,239-square-foot Albertsons grocery retail property. The asset is encumbered by an executed 20-year Absolute NNN lease through February 2035, with 2% annual rent escalations. The lease is in place with Safeway, Inc., a wholly owned subsidiary of Albertsons Companies, Inc.

The property is positioned in the northeast corner of Oregon in the suburb of Baker City, with proximity to Interstate 84 and the Union Pacific Railroad mainline. Several national brand retailers are located nearby, including US Bank, McDonald’s, Pizza Hut, Shell Gas, and Best Western.

As a leased grocery anchor, the property is structured to provide long-term, passive cash flow with no landlord responsibilities under the Absolute NNN lease terms.

Key Highlights

  • Fee‑simple interest in a 48,239 SF Albertsons grocery property
  • Tenant: Safeway, Inc. (wholly owned subsidiary of Albertsons Companies, Inc.)
  • 20‑year absolute NNN lease through February 2035

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon Storage Facility Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97814, OR

12,780
Population
6,254
Households
2
Avg Household Size
46
Median Age
29%
College-Educated
93%
High-School Grad
828.7 sq mi
ZIP Area
15
Density / Sq Mi
$59,736
Median Household Income
$42,112
Median Earnings
$825
Median Rent
$254,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Safeway 1205 Campbell St, Baker City, OR 97814
  • Grocery Outlet 297 Campbell St, Baker City, OR 97814

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Fee-simple grocery property leased under a 20-year absolute NNN structure through February 2035.
Where is this grocery and convenience store located?
The property is located at 1120 Campbell Street Baker City, OR.
What are key features of this property?
This property features: Fee‑simple interest in a 48,239 SF Albertsons grocery property; Tenant: Safeway, Inc. (wholly owned subsidiary of Albertsons Companies, Inc.); 20‑year absolute NNN lease through February 2035
More about this property
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