Grocery Outlet Investment
For Sale
Contact for pricing
980 S Main St, Colville, WA 99114
Grocery Outlet property in Colville, Washington with lease extension.
Property Size4,174 SF
Price / SF$1,036
Days on Market150
Property Features for 980 S Main St
General Information
Standard status
Active
Size
4,174 SF
Total Parking Spaces
91
Property subtype
Retail
Zoning
C-3 (General Commercial)
Occupancy
100%
Lease Type
Net
Net Operating Income
$302,854
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Jeff Gates · License #CA 01768554
Source:
Crexi
Added: Mar 26
Changed: Aug 14
Last Checked: Aug 21 at 5:57PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This commercial real estate offering features a Grocery Outlet investment property in Colville, Washington. The property includes a corporate-guaranteed Grocery Outlet with a recently agreed-to 13-year lease extension, plus 3 (5-year) options to extend. The lease includes a 10.4% rental increase in year 8 of the extension and variable increases at the beginning of each option period. The offering also includes an additional 4,174 square feet of vacant space. Grocery Outlet is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of 480+ independently operated stores, 74 of which are located in Washington. The site benefits from visibility and access along S. Main Street, the primary retail thoroughfare serving the surrounding area, with a traffic volume of 12,500 vehicles per day. The location provides crossover retail exposure from nearby national retailers, including Walmart Supercenter, Safeway, Super 1 Foods, McDonald’s, and Taco Bell. The tenant has access to a direct consumer base comprised of single-family homes and the Spokane Community College Colville Campus. Colville experiences seasonal tourism due to its position as a gateway for travelers to the Colville National Forest. The 5-mile trade area is supported by a population of over 8,400 residents and 5,500 employees with an average household income of $82,115.
Key Highlights
- Corporate guaranteed lease with Grocery Outlet, Inc.
- Brand new 13‑year lease extension with 3 (5‑year) options to extend.
- 10.4% rental increase in year 8** of the extension and variable increases at the beginning of each option period.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
41k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 27%
Shops & Services 22%
McDonald's
Dining
20,112 visits/mo
0.3 miles
Grocery Outlet Bargain Market
Groceries
11,286 visits/mo
0.1 miles
Les Schwab Tire Center
Shops & Services
4,080 visits/mo
0.2 miles
KeyBank
Shops & Services
3,902 visits/mo
0.4 miles
Grease Monkey
Shops & Services
902 visits/mo
0.1 miles
Demographics for 99114, WA
12,649
Population
6,154
Households
2.1
Avg Household Size
49
Median Age
23%
College-Educated
91%
High-School Grad
718.5 sq mi
ZIP Area
18
Density / Sq Mi
$61,891
Median Household Income
$45,164
Median Earnings
$916
Median Rent
$268,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Grocery Outlet — 980 S Main St, Colville, WA 99114
- Safeway — 391 N Main St, Colville, WA 99114
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Grocery Outlet property in Colville, Washington with lease extension.
Where is this grocery and convenience store located?
The property is located at 980 S Main St Colville, WA.
What is the asking price?
The asking price for this property is $4,326,000.
What are key features of this property?
This property features: Corporate guaranteed lease with Grocery Outlet, Inc.; Brand new 13‑year lease extension with 3 (5‑year) options to extend.; 10.4% rental increase in year 8** of the extension and variable increases at the beginning of each option period.
