Freestanding Walgreens
1625 E Harbor Drive Warrenton, OR 97146
New
1625 E Harbor Drive, Warrenton, OR, 97146
$1,816,000
For Sale
$1,816,000
Freestanding Walgreens with drive-up accessibility, prominent signage, and ample on-site parking along a signalized U.S. Highway 101 corridor.
Days on Market4
Property Features for 1625 E Harbor Drive
General Information
- Standard status
- Active
- Property subtype
- Retail - Street Retail
Listing Agency
RX Syndicate
Listed by
Arthur Griffith
Source
Commercialcafe
Added: Jul 13 Checked: Jul 16 at 4:00 am
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 RX Syndicate
Investment Insights
Based on property information with market context.
This offering is a leasehold interest in the building (not the land) of a freestanding Walgreens location. The property features a modern prototype design with a highly functional layout, drive-up accessibility, and prominent building signage, along with ample on-site parking. The lease is described as absolute net, with zero landlord responsibilities, and includes a preferred five-year option structure. A full Walgreens guaranty is in place, and the remarks state leasehold interests are expected to be 100% depreciable.
The site is positioned at a signalized, high-visibility corner along U.S. Highway 101 (E Harbor Drive), the primary north–south retail and commuter corridor serving Warrenton and the greater Astoria trade area. The highway is cited at approximately 14,000–18,000 vehicles per day, supporting exposure to daily local traffic and seasonal coastal tourism flow. Retail in Warrenton is concentrated along the Highway 101 corridor, anchored by national and regional retailers including Costco, Fred Meyer, TJ Maxx, Goodwill, and Walmart.
The remarks highlight that this Walgreens has no brand competition and is described as the only Walgreens for 50+ miles, serving a geographically constrained coastal market with limited competition and a reliance on necessity-based retail.
The site is positioned at a signalized, high-visibility corner along U.S. Highway 101 (E Harbor Drive), the primary north–south retail and commuter corridor serving Warrenton and the greater Astoria trade area. The highway is cited at approximately 14,000–18,000 vehicles per day, supporting exposure to daily local traffic and seasonal coastal tourism flow. Retail in Warrenton is concentrated along the Highway 101 corridor, anchored by national and regional retailers including Costco, Fred Meyer, TJ Maxx, Goodwill, and Walmart.
The remarks highlight that this Walgreens has no brand competition and is described as the only Walgreens for 50+ miles, serving a geographically constrained coastal market with limited competition and a reliance on necessity-based retail.
Key Highlights
- Leasehold interest in a freestanding Walgreens building on U.S. Highway 101 (E Harbor Drive) in Warrenton
- Signalized, high‑visibility location with prominent building signage and direct access
- Drive‑up accessibility plus ample on‑site parking
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Western Union
Bank
Kimberly Waltemate
Pharmacy
Redbox
Cinema
Walgreens Pharmacy
Pharmacy
Similar For Sale Nearby
Similar Off Market Nearby
- Natural Grocers — 137 US-101, Warrenton, OR 97146
- Maria Fe Goyena — 145 US-101, Warrenton, OR 971469314
- Felix Chow — 145 US-101, Warrenton, OR 971469314
- Kimberly Waltemate — 1625 E Harbor Dr, Warrenton, OR 971469689
- Fred Meyer Pharmacy — 695 us-101, warrenton, or 97146
FAQs
What type of property is this?
Drug store - Freestanding Walgreens with drive-up accessibility, prominent signage, and ample on-site parking along a signalized U.S. Highway 101 corridor.
Where is this drug store located?
The property is located at 1625 E Harbor Drive Warrenton, OR.
What is the asking price?
The asking price for this property is $1,816,000.
What are key features of this property?
This property features: Leasehold interest in a freestanding Walgreens building on U.S. Highway 101 (E Harbor Drive) in Warrenton; Signalized, high‑visibility location with prominent building signage and direct access; Drive‑up accessibility plus ample on‑site parking
