Freestanding Walgreens
For Sale
$1,816,000
1625 E Harbor Drive, Warrenton, OR 97146
Freestanding Walgreens with drive-up accessibility, prominent signage, and ample on-site parking along a signalized U.S. Highway 101 corridor.
Property Size14,490 SF
Days on Market50
Property Features for 1625 E Harbor Drive
General Information
Standard status
Active
Size
14,490 SF
Property subtype
Retail - Street Retail
Site & Location
Traffic Count
18,000 vehicles/day
Highway Access
Yes
Building Details
Building Size
14,490 SF
Tenancy
Single
Listing Agency:
RX Syndicate
Listed By:
Arthur Griffith
Source:
Commercialcafe
Added: Jul 13
Changed: Aug 14
Last Checked: Aug 31 at 1:44PM
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
Property Profile
Current Use
Lease Details
18,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
146k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Shops & Services 27%
Apparel 18%
Dining 11%
Fred Meyer
Groceries
56,988 visits/mo
0.4 miles
Fred Meyer Gas Station
Shops & Services
24,426 visits/mo
0.3 miles
Ross Dress for Less
Apparel
18,130 visits/mo
0.2 miles
Big 5 Sporting Goods
Apparel
8,680 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
8,661 visits/mo
0.3 miles
Demographics for 97146, OR
7,299
Population
3,449
Households
2.1
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
25.6 sq mi
ZIP Area
285
Density / Sq Mi
$79,491
Median Household Income
$46,598
Median Earnings
$1,265
Median Rent
$440,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Fred Meyer Pharmacy — 695 us-101, warrenton, or 97146
- Natural Grocers — 137 US-101, Warrenton, OR 97146
- Felix Chow — 145 US-101, Warrenton, OR 971469314
- Maria Fe Goyena — 145 US-101, Warrenton, OR 971469314
- Kimberly Waltemate — 1625 E Harbor Dr, Warrenton, OR 971469689
Frequently Asked Questions
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
