Retail Building with Highway
For Sale
$1,500,000
4250 NE Highway 101, Lincoln City, OR 97367
Leased 4,867-square-foot retail building with approximately 420 feet of Highway 101 frontage.
Property Size4,867 SF
Price / SF$308.20
Days on Market49
Property Features for 4250 NE Highway 101
General Information
Standard status
Active
Size
4,867 SF
Total Parking Spaces
18
Property subtype
Commercial
Zoning
GC
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$8,328
Building Details
Building Size
4,867 SF
Year Built
1938
Buildings
1
Stories
2
Listing Agency:
Taylor & Taylor Realty Co.
(541) 994-4169
Listed By:
Dennis Regen · License #810604051
(541) 994-4169
Source:
Allprofessionalsre
Added: Jul 7
Changed: Aug 24
Last Checked: Aug 23 at 7:24AM
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 Taylor & Taylor Realty Co.
Investment Insights
Based on property information with market context.
This leased retail building totals 4,867 square feet and is offered for sale as real estate only. The exterior features a warm, rustic coastal character with mature landscaping, and the property is positioned for visibility from Highway 101. The existing business is not included in the sale.
The site offers approximately 420 feet of Highway 101 frontage, providing strong exposure to traffic passing through Lincoln City.
The property is shown by appointment only, and tenants, employees, and business operations should not be disturbed.
The site offers approximately 420 feet of Highway 101 frontage, providing strong exposure to traffic passing through Lincoln City.
The property is shown by appointment only, and tenants, employees, and business operations should not be disturbed.
Key Highlights
- 1938‑built 4,867 sq ft commercial building in Lincoln City
- Approximately 420 ft of Highway 101 frontage for high highway visibility and exposure
- Property is currently leased, providing income‑producing potential for an investor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,233
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,184,660
$1.2M
Cap Rate 7%
$846,186
$846.2K
Cap Rate 9%
$658,144
$658.1K
Market Conditions
NOI Build-Up for 4,867 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$87.6K $18.00/SF
− Vacancy
−$3.0K −$0.61/SF
EGI
$84.6K $17.39/SF
− OpEx
−$25.4K −$5.22/SF
NOI
$59.2K $12.17/SF
Area
Lincoln County, OR
Vacancy
3.41%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,184,660
Cap Rate 7%
$846,186
Cap Rate 9%
$658,144
Alternative Uses
Best Use
Retail
$846.2K
$740.4K – $987.2K
NOI $59,233 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,863 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 97367, OR
11,095
Population
8,138
Households
1.4
Avg Household Size
53
Median Age
29%
College-Educated
91%
High-School Grad
45.7 sq mi
ZIP Area
243
Density / Sq Mi
$58,845
Median Household Income
$37,370
Median Earnings
$1,333
Median Rent
$388,800
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?
Retail space - Leased 4,867-square-foot retail building with approximately 420 feet of Highway 101 frontage.
Where is this retail space located?
The property is located at 4250 NE Highway 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1938‑built 4,867 sq ft commercial building in Lincoln City; Approximately 420 ft of Highway 101 frontage for high highway visibility and exposure; Property is currently leased, providing income‑producing potential for an investor
