3451 Highway 101
Florence OR 97439

Rite Aid

3451 Highway 101 Florence OR 97439

Listing #: 695302 | Status: Pending | Last Modified: 4/9/2026 |

For Sale
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,160,000.0
  • $/SF$ 125.1
  • Listing StatusPending
  • Days on Market391
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 0.00 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units0
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF17272
  • Net Rentable Area17272
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF64033
  • Acres1.47
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyLane
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #0785087
  • Additional Parcels
  • ZoningHC
Construction
  • Year Built
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeMasonry

Former Rite Aid | Priced Below Replacement Cost

Public Comments

Marcus & Millichap’s Brown Retail Group has been exclusively selected to market for sale the Former Rite Aid at 3451 Hwy 101, Florence, OR — a premier value-add or redevelopment opportunity in a thriving retail corridor. The Property is a 17,272 SF freestanding high-quality concrete block building, built in 2008 and is priced at $125/SF, which is a fraction of the cost to build a comparable building in today’s market, and is also equipped with abundant on-site parking and includes a drive thru. The Property is located on a signalized hard corner with exceptional visibility and direct exposure to over 34,000 vehicles per day. With a high-volume Fred Meyer located just minutes away—drawing over 1.4 million visitors per year—the location provides significant consumer traffic and retail synerg

Listing Images