Investment Overview

Marcus & Millichap has been exclusively chosen to market Fresh Foods Marketplace, in Cannon Beach, Oregon, stands as a cornerstone of the community, offering a modern grocery shopping experience since its establishment in 2016. Strategically positioned at 3401 S Hemlock St, near US Highway 101, the 10,333 square-foot store on a 0.56-acre lot benefits from high visibility and easy access. It operates under an absolute Net lease with 15 years remaining and four (4) Five (5) year renewal options, and the property is Corporate guaranteed with fee simple ownership. Fresh Foods Marketplace provides a diverse selection of high-quality products, with an emphasis on organic and gourmet items, catering to both local residents and the many tourists who visit the nearby iconic Haystack Rock and other attractions. As the primary grocery store in an area with limited competition, Fresh Foods Marketplace is essential to the community. Its prime location near hotels, Ecola State Park, and local art galleries, which attract over 1.5 million visitors annually, ensures a steady flow of customers. The store is part of a growing chain, with plans for further expansion, reflecting its commitment to serving coastal communities with fresh, locally sourced goods. This dedication to quality and community support positions Fresh Foods Marketplace as a vital resource that enhances Cannon Beach’s charm and supports its ongoing development.