Freestanding Pharmacy with
For Sale
Contact for pricing
Pending
891 SE 1st Ave, Canby, OR 97013
Freestanding Rite Aid includes a pharmacy drive-thru and was built-to-suit in 2008.
Property SizeContact for details
Days on Market121
Property Features for 891 SE 1st Ave
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2008
Tenancy
Single
Listing Agency:
Northmarq
(503) 998-6572
Listed By:
Kevin Adatto · License #WA 85667
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 9 at 12:16PM
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 Northmarq
Investment Insights
Based on property information with market context.
This offering includes a freestanding Rite Aid, built-to-suit in 2008, with a pharmacy drive-thru. Rite Aid operates on an absolute net lease structure, and the tenant has approximately six and a half years remaining on its current term. Rent increases every 10 years, with the next increase of 11% scheduled to begin at the start of the next option period in 2029.
The property is situated at a hard corner of Highway 99 and Pine Street, providing high visibility and easy access off two main arterials. It is also described as being close to nearby major daily needs retail.
The asset is offered for sale as the Rite Aid location described above, with lease terms and scheduled rent increases as noted in the remarks.
The property is situated at a hard corner of Highway 99 and Pine Street, providing high visibility and easy access off two main arterials. It is also described as being close to nearby major daily needs retail.
The asset is offered for sale as the Rite Aid location described above, with lease terms and scheduled rent increases as noted in the remarks.
Key Highlights
- Freestanding Rite Aid built‑to‑suit in 2008 with a pharmacy drive‑thru
- Absolute net lease with approximately 6.5 years remaining on the current term
- Rent increases every 10 years; next 11% increase starts in 2029 at the next option period
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
144k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 37%
Dining 21%
Beauty & Spa 2%
Fred Meyer
Groceries
57,134 visits/mo
0.4 miles
Fred Meyer Gas Station
Shops & Services
22,769 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,953 visits/mo
0.4 miles
Carl's Jr.
Dining
9,930 visits/mo
0.5 miles
Denny's
Dining
9,174 visits/mo
0.3 miles
Demographics for 97013, OR
24,512
Population
9,152
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
88%
High-School Grad
58.9 sq mi
ZIP Area
416
Density / Sq Mi
$99,343
Median Household Income
$49,207
Median Earnings
$1,439
Median Rent
$509,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Ngocthao H. Nguyen, RPH — 891 SE 1st Ave, Canby, OR 97013
- Canby Clinic — 452 NW 1st Ave, Canby, OR 97013
- Rite Aid Pharmacy — canby, or 97013
- Deane C. Deibele, RPH — 891 SE 1st Ave, Canby, OR 97013
- Ucheoma Nwizu — 178 SW 2nd Ave, Canby, OR 970134152
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding Rite Aid includes a pharmacy drive-thru and was built-to-suit in 2008.
Where is this drug store located?
The property is located at 891 SE 1st Ave Canby, OR.
What are key features of this property?
This property features: Freestanding Rite Aid built‑to‑suit in 2008 with a pharmacy drive‑thru; Absolute net lease with approximately 6.5 years remaining on the current term; Rent increases every 10 years; next 11% increase starts in 2029 at the next option period
