Listed by Commercial Realty Advisors Northwest LLC
$2,450,000
US Foods CHEF’STORE - NNN Investment
Details
Property Type Retail, Industrial
Sub Type Grocery Store, Distribution
Square Footage 19,600
Cap Rate 6.00%
Occupancy 100%
Tenancy Single
Brand/Tenant US Foods
Lease Type NNN
Remaining Term 5
Rent Bumps Yes
Lease Options Two 5-year options
Year Built 1981
Buildings 1
Acreage 1.820
Zoning IG
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
NNN Investment in Salem OR
Marketing description
NNN Investment in Salem OR
Due diligence file contains the following:
- Original lease and amendments
- Renewal notice for 5-year option starting in September, 2026
- Lease abstract
- Tenant TI work from 2021
Investment highlights
- 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
- Zoned: IG (General Industrial)
Listing Contacts
Listed by Commercial Realty Advisors Northwest LLC
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Zoning
IG IndustrialGeneral Industrial
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View all 116 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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