Single-Tenant NNN
For Sale
Contact for pricing
248 Wharf Street, Brookings, OR 97415
Fully occupied retail asset with an absolute triple-net lease and scheduled rent increases.
Property Size31,950 SF
Days on Market146
Property Features for 248 Wharf Street
General Information
Standard status
Active
Size
31,950 SF
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Northmarq
Listed By:
Kevin Adatto · License #WA 85667
(503) 998-6572
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 8:56PM
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.
Located at 248 Wharf Street in Brookings, Oregon, this single-tenant commercial property contains 31,950 square feet and is occupied by Bi-Mart. The asset is structured under an absolute triple-net lease, placing ongoing property obligations within the lease framework.
The initial lease term has 13.5 years remaining and includes 7.5% rent increases at five-year intervals. The property combines an established retail tenancy with a long remaining term and defined contractual escalation provisions.
The initial lease term has 13.5 years remaining and includes 7.5% rent increases at five-year intervals. The property combines an established retail tenancy with a long remaining term and defined contractual escalation provisions.
Key Highlights
- 31,950 square feet occupied by Bi‑Mart
- 13.5 years remaining on the initial lease term
- Absolute Triple Net lease structure
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
151k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Groceries 37%
Dining 20%
Apparel 6%
Fred Meyer
Groceries
43,837 visits/mo
0.4 miles
Fred Meyer Gas Station
Shops & Services
19,364 visits/mo
0.4 miles
Bi-Mart
Shops & Services
14,054 visits/mo
0.1 miles
McDonald's
Dining
13,636 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
13,127 visits/mo
0.3 miles
Demographics for 97415, OR
14,648
Population
7,621
Households
1.9
Avg Household Size
56
Median Age
24%
College-Educated
89%
High-School Grad
305.3 sq mi
ZIP Area
48
Density / Sq Mi
$68,994
Median Household Income
$47,623
Median Earnings
$1,221
Median Rent
$385,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fully occupied retail asset with an absolute triple-net lease and scheduled rent increases.
Where is this nnn property located?
The property is located at 248 Wharf Street Brookings, OR.
What are key features of this property?
This property features: 31,950 square feet occupied by Bi‑Mart; 13.5 years remaining on the initial lease term; Absolute Triple Net lease structure
