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    1109 S Holladay Dr Seaside, OR 97138

    For Sale
    $1,125,000

    NNN leased investment property with corporate backing in thriving tourist town.

    Property size:
    2,680 SF
    Lot size:
    0.31 Acres

    Property Features for 1109 S Holladay Dr

    General Information

    Size
    2,680 SF
    Lot size
    0.31 Acres

    Source: Colliers - Grand Rapids Agent Scott Morgan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Leased Retail Investment Property

    This is a single-tenant investment property featuring a brand new 5-year NNN lease structure with limited landlord responsibility. The tenant is corporate-backed (NYSE: VVV). The property is positioned in a thriving tourist town and is proximate to multiple residential development projects. It is located in a central location on a primary retail thoroughfare and offers a highly visible site. The property is an e-commerce and recession-resilient investment. The property is the only national oil change location within 35 miles. The lease includes multiple rent increases during the primary term and options. The tenant, Valvoline, has a market cap of $4.48 Billion. The property is 2,680 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Les Schwab Tire Center, Perico's Auto Shop, Seaside Auto Glass and Tire, Seaside Towing, Seaside Muffler & Off Road

    Location Insight

    • Map
    • Local Demand
    City
    Seaside
    County
    Clatsop
    State
    Oregon
    Longitude
    -123.9231865
    Latitude
    45.9867157

    Nearby Similar for Sale

    • $649,900
      2,540 SF

      Seaside Triplex Near the Beach

      Meticulously maintained triplex in Seaside, close to the beach.
      337 16Th Ave, Seaside, OR 97138
      View Details

    FAQs

    What type of property is this?
    Auto shop - NNN leased investment property with corporate backing in thriving tourist town.
    Where is this auto shop located?
    The property is located at 1109 S Holladay Dr Seaside, OR.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - Only National Oil Change within 35 Miles; - Brand New 5-Year Lease; - Corporate Backed (NYSE: VVV)
    (616) 292-3455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1109 S Holladay Dr Seaside, OR 97138
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