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Single-Tenant Grocery Retail Building
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2670 SW 4th Ave, Ontario, OR 97914

Freestanding retail building subject to an NNN lease through February 5, 2027, with planned vacancy at expiration.

Property Size20,790 SF
Price / SF$96.20
Days on Market9

Property Features for 2670 SW 4th Ave

General Information

Standard status Active
Size 20,790 SF
Property subtype Retail
Zoning OC2, General Commercial
Investment Type Owner/User

Building Details

Year Built 1976
Year Renovated 2017
Buildings 1
Tenancy Single
Listing Agency: Kidder Mathews Seattle
Listed By: David Gellner · License #WA 112893
Source: Crexi
Added: Aug 6 Changed: Aug 13 Last Checked: Aug 13 at 6:50AM

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 Kidder Mathews Seattle

Investment Insights

Based on property information with market context.

This fee-simple retail property comprises a 20,790-square-foot single-tenant building constructed in 1976. Grocery Outlet currently occupies the premises under an NNN lease scheduled to end February 5, 2027. The tenant has declined its remaining five-year renewal option, and the building is expected to be delivered vacant when the current term concludes.

The property is located at 2670 SW 4th Ave in Ontario, Oregon, alongside Oregon Route 201. SW 4th Ave provides an arterial route connecting I-84 with downtown Ontario. The site carries OC2, General Commercial zoning, supporting its classification as a grocery and convenience store property.

Key Highlights

  • 20,790 SF single‑tenant retail building
  • NNN lease expires February 5, 2027
  • Grocery Outlet has declined its remaining 5‑year renewal option

Property Analytics

Current Use

Ontario Grocery Outlet Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97914, OR

19,534
Population
6,730
Households
2.9
Avg Household Size
38
Median Age
15%
College-Educated
83%
High-School Grad
260.2 sq mi
ZIP Area
75
Density / Sq Mi
$48,442
Median Household Income
$30,000
Median Earnings
$813
Median Rent
$220,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Ontario Grocery Outlet 2670 SW 4th Ave, Ontario, OR 97914

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Freestanding retail building subject to an NNN lease through February 5, 2027, with planned vacancy at expiration.
Where is this grocery and convenience store located?
The property is located at 2670 SW 4th Ave Ontario, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 20,790 SF single‑tenant retail building; NNN lease expires February 5, 2027; Grocery Outlet has declined its remaining 5‑year renewal option
(206) 296-9600 Call to check price and availability
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