Grocery-Anchored Neighborhood
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For Sale
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115 N Granite Ave, Granite Falls, WA 98252
Fully leased retail property combines a long-standing supermarket tenancy with NNN leases and scheduled rent growth.
Property SizeContact for details
Days on Market7
Property Features for 115 N Granite Ave
General Information
Standard status
Active
Property subtype
RETAIL
Occupancy
100%
Additional Details
Anchor Co-Tenants
Granite Falls IGA
Tenant in Place
Yes
Building Details
Year Built
1993
Tenancy
Multi
Listing Agency:
Kidder Mathews
(206) 296-9600
Listed By:
David Gellner · License #112893
(206) 747-4338
Source:
Moodyscre
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 26 at 7:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews
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Investment Insights
Based on property information with market context.
At 115 N Granite Ave in Granite Falls, Granite Country Square is a multi-tenant neighborhood shopping center with 100% occupancy. A grocery store has anchored the property since it was built in 1993, and Granite Falls IGA has operated at this location since that year under the same local family’s ownership and management.
The IGA lease has a 12-year term and 2.5% annual rent increases. Both main tenants occupy space under NNN leases with annual increases. The center serves Granite Falls and its surrounding trade area; the nearest competing supermarket is a 20-minute drive away.
The IGA lease has a 12-year term and 2.5% annual rent increases. Both main tenants occupy space under NNN leases with annual increases. The center serves Granite Falls and its surrounding trade area; the nearest competing supermarket is a 20-minute drive away.
Key Highlights
- 100% occupied multi‑tenant neighborhood shopping center
- Granite Falls IGA has operated at this location since 1993
- IGA lease: 12‑year term with 2.5% annual rent increases
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
55k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Groceries 29%
Dining 29%
Home Improvements & Furnishings 5%
Granite Falls Iga
Groceries
16,198 visits/mo
0.1 miles
McDonald's
Dining
13,790 visits/mo
0.3 miles
Shell
Shops & Services
10,189 visits/mo
0.1 miles
Chevron
Shops & Services
3,140 visits/mo
0.3 miles
Granite Falls Fire Department
Home Improvements & Furnishings
2,880 visits/mo
0.1 miles
Demographics for 98252, WA
10,645
Population
4,441
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
238.7 sq mi
ZIP Area
45
Density / Sq Mi
$95,235
Median Household Income
$57,551
Median Earnings
$1,412
Median Rent
$492,500
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Stanlar Foods, 115 N Granite Ave, Granite Falls, WA 98252
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail property combines a long-standing supermarket tenancy with NNN leases and scheduled rent growth.
Where is this shopping center located?
The property is located at 115 N Granite Ave Granite Falls, WA.
What is the asking price?
The asking price for this property is $5,560,000.
What are key features of this property?
This property features: 100% occupied multi‑tenant neighborhood shopping center; Granite Falls IGA has operated at this location since 1993; IGA lease: 12‑year term with 2.5% annual rent increases
