The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to acquire the single tenant net leased Grocery Outlet in Lincoln City, OR. Grocery Outlet, a publicly traded company (NASDAQ: GO), operates over 460 stores across the country and brings in $3.9 billion in annual revenue. The new long-term corporate lease has 14 years remaining in the primary term with five 5-year option periods. With 8.5% rent increases every 5 years, this asset is a hedge against inflation for years to come. Grocery Outlet is one of only four supermarkets in the city and the only one that specializes in discount groceries, giving the tenant a monopoly in that use category. This location is ranked in the top 35% of all Grocery Outlets in the nation (July 2024 – Credit Intel). The 14,855 SF building on 0.93-acre parcel is strategically positioned on Oregon Coast Highway which is a main tourism hub. The Oregon Coast sees over 30 million visitors every year and is a top tourist destination of the Pacific Northwest. Nearby retailers include McDonald’s, Starbucks, Taco Bell, Dutch Bros Coffee, Safeway, JOANN, Ace Hardware, Walgreens, Rite Aid and more.