Walgreens Absolute NNN Lease - 1080 SW 1st Ave

Canby, OR 97013

• NNN Property
• Retail for Sale
• $6,644,339 CAD
• 14,745 SF

Canby Retail for Sale - SE Outlying

The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire the absolute net leased Walgreens in Canby, OR. Walgreens is the second largest pharmacy chain in the U.S., has been in business over 125 years and serves over 9 million customers daily. This asset is subject to a long-term lease with over 11.5 years remaining in the primary period, twelve 5-year option periods, rent increases every 5 years and zero landlord responsibilities. The 14,745 SF building on 1.39-acre parcel is positioned on the hard corner signalized intersection of SW 1st Avenue (Pacific Highway E) and Berg Parkway which sees a combined traffic count exceeding 33,047 VPD and positioned within the Portland/Vancouver/Hillsboro MSA (population exceeding 2.54 million. Nearby Retailers Include Fred Meyer, Grocery Outlet, Cutsforth’s Market, 7-Eleven, Dollar Tree, Wells Fargo Bank, U.S. Bank, AutoZone, O’Reilly Auto Parts, McDonald’s, Chipotle, Starbucks, Dutch Bros, Taco Bell, Panda Express and more. Don’t miss out on the excellent opportunity to purchase this Walgreens in the Portland area on a long-term lease with no landlord responsibilities providing effortless cash flows for years to come.

Contact:

Colliers

Property Subtype:

Drug Store

Date on Market:

2024-07-17

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1800 State St

Salem, OR 97301

• NNN Property
• Office for Sale
• $833,625 CAD
• 2,745 SF

Salem Office for Sale - Marion County

Investment opportunity! Well-located office building leased to a non-profit through October 31, 2028. Current rent is $4,425 per month, with 3% annual increases. The lease is structured as a modified NNN, Tenant reimburses property taxes and Operating Expenses (including insurance) and is responsible for utilities and interior repairs, while Landlord retains responsibility for roof, foundation, exterior walls, and HVAC systems (contingent on Tenant’s proper maintenance). The building provides excellent exposure and building signage fronting State St. The building has 8 parking spaces including one ADA, with additional on-street parking available. The location is highly desirable for medical and professional office users and is centrally positioned for access to downtown Salem, Salem Health, and I-5 (north and southbound). According to FEMA, the majority of the property lies in Zone X, with a small portion on the NE corner in the AE Zone. The property’s MU-II zoning allows for live/work opportunities. The upstairs is currently built out with a kitchenette, two rooms, and a half bath, with potential to add a shower. *Square footage provided by architect and appraiser. Property had two small additions on the main floor in 2017 which differs from County Records. Cap rate calculated on gross annual rent against list price; buyers should underwrite a reserve for Landlord-retained structural/HVAC capital obligations.

Contact:

First Commercial Real Estate

Property Subtype:

Medical

Date on Market:

2026-07-29

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250 Division St NE

Salem, OR 97301

• NNN Property
• Office for Sale
• $2,480,069 CAD
• 6,597 SF

Salem Office for Sale - Marion County

Located in the heart of Salem, OR, this property offers a rare opportunity to own or lease a secure, well-configured office facility ideally suited for nonprofits, government agencies, community service providers, and professional office users. Featuring 12 private offices, conference rooms, ADA restrooms, secured parking (23 spaces), full perimeter fencing, and flexible workspace areas, the property offers immediate functionality at a price below replacement cost. Neighboring tenants include Salem Police Department, Day Heating, Union Gospel Mission, and Bridgeway Community Services. Buyer to verify square footage, county assessed square footage is 6,597SF. The building’s layout is well-suited for owner-users or tenants seeking a functional office environment with the ability to accommodate multiple users or departments.

Contact:

SPERRY - Pikes NW

Date on Market:

2026-07-19

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US Foods CHEF’STORE - 1355 Salem Industrial Dr NE

Salem, OR 97301

• NNN Property
• Retail for Sale
• $3,432,572 CAD
• 19,600 SF

Salem Retail for Sale - Marion County

- 5-years remaining on lease term - Two 5-year options remaining with 8% bumps in rent - US Foods is a publicly traded company (NYSE: USFD) with a BB+ credit rating - NNN lease - Below market rent provides long term upside potential - 1981 construction - Major tenant renovation in 2021

Contact:

Commercial Realty Advisors NW

Property Subtype:

Freestanding

Date on Market:

2026-07-06

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RE Building - 1025 2nd St NW

Salem, OR 97304

• NNN Property
• Office for Sale
• $6,178,630 CAD
• 9,822 SF

• Air Conditioning
• Fitness Center
• Wheelchair Accessible

Salem Office for Sale - Polk County

The Offering presents the opportunity to acquire a stabilized healthcare investment in the affluent and growing West Salem market. Delivered in 2019 by CBTWO Architects, the RE Building was constructed to a top-of-the-line finish, which includes photovoltaic (PV) panels that lower energy consumption and increase operational efficiencies for tenants. The RE Building benefits from its strategic positioning to Oregon Route 22, which connects West Salem to downtown Salem. Additionally, the Property is a 5-minute drive from the Salem Hospital, which recently completed a 200,000+ SF & 150 ICU bed expansion totaling $245M. The RE Building is 98% leased with a WALT of 5.42 years (as of 11/1/26). All tenants have annual rent increases, with the anchor tenant (87% of GLA) operating under a true NNN lease, providing a hedge to increasing inflation. Salem’s medical office vacancy rate of 3.4% further strengthens the investment’s long-term stability. The Property is anchored by Therapy Partners Group, who operates 140+ practice locations throughout 7 U.S. states. Their state-of-the-art buildout includes two professional-grade underwater treadmills and a full indoor track, which are utilized by Division 1 collegiate programs and other major sports teams. The tenant recently executed an early lease extension through September 2032, highlighting their long-term commitment to the RE Building.

Contact:

Northmarq

Property Subtype:

Medical

Date on Market:

2026-06-30

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AutoZone | New 20yr Corp Ground Lease - 325 Main St

Dallas, OR 97338

• NNN Property
• Retail for Sale
• $1,868,066 CAD
• 7,985 SF

Dallas Retail for Sale - Polk County

• Recently signed a brand new 20-year lease with 4 (5-year) option periods to extend, demonstrating their long term commitment to the site • AutoZone Parts Inc. (S&P: BBB) corporate signed lease • Features 5% rental increases every 5 years throughout the initial term and at the beginning of each option, increasing NOI and hedging against inflation • The property features brand new construction, with with modern design and state-of-the-art amenities

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2026-04-28

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Bldg 1 - 1200 NE 48th Ave

Hillsboro, OR 97124

• NNN Property
• Office for Sale
• $14,430,815 CAD
• 23,654 SF

Hillsboro Office for Sale - Sunset Corridor/Hillsboro

Prime Hillsboro Medical Investment Opportunity Single Tenant NNN Lease Sale Price: $10,300,000 ($435/SF) CAP Rate: 6.25% NOI: $643,706 Annual Rent Increases: 3% Lot Size: 2.14 AC Building Size: 23,654 SF (Rentable) Parking Spaces: 85 surface

Contact:

Capacity Commercial Group LLC

Property Subtype:

Medical

Date on Market:

2026-04-24

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5503 Commercial St SE

Salem, OR 97306

• NNN Property
• Retail for Sale
• $3,619,428 CAD
• 2,333 SF

Salem Retail for Sale - Marion County

Surmount is pleased to present the exclusive listing for a Popeyes located at 5503 Commercial Street Southeast, Salem, OR 973 06. The site consists of roughly 2,333 rentable square feet of building space on an estimated 1-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 6/1/2023. The current annual rent is $155,002 and has scheduled increases of 1.75% Annually Starting in June 2029.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2026-04-08

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