Retail Building in Aberdeen,
1213 E Wishkah St, Aberdeen, WA 98520
For Sale
Contact for pricing
Single-tenant retail building leased to Tractor Supply Company.
Property Size36,573 SF
Lot Size1.27 Acres
Price / SF$166.05
Days on Market230
Property Features for 1213 E Wishkah St
General Information
Standard status
Size
Class
Lot size
Property subtype
Occupancy
Lease Type
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Cushman & Wakefield - San Francisco, California
Listed By:
Andrew Bogardus · License CA #00913825
Source:
Crexi
Added: Mar 26
Changed: Nov 1
Last Checked: Nov 10 at 6:15AM
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 Cushman & Wakefield - San Francisco, California
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 36,573 square foot single-story retail building in Aberdeen, Washington, leased to Tractor Supply Company. Situated on a 1.27 acre lot, the concrete block building was originally built in 1994 and remodeled in 2016. The property features a fenced outdoor display area and on-site parking. Located in the Olympic Gateway Plaza, the property is near Walmart Supercenter, Marshalls, Ross, Staples, McDonald’s, Big 5, Safeway, Goodwill, and Subway. Aberdeen functions as the financial hub of the Grays Harbor region and is dependent on the timber, fishing industries, and tourism. Aberdeen and Hoquiam provide a gateway to the Pacific Coast and the Olympic National Park. The property is the only Tractor Supply store within 47 miles of Aberdeen.
Key Highlights
- Leased to Tractor Supply Company, a national credit tenant.
- Only Tractor Supply store within a 47‑mile radius.
- Located in the Olympic Gateway Plaza with major retailers like Walmart, Marshalls, and Ross.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$441,465
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,829,300
$8.8M
Cap Rate 7%
$6,306,643
$6.3M
Cap Rate 9%
$4,905,167
$4.9M
Market Conditions
NOI Build-Up for 36,573 SF
Gross rent
$658.3K $18.00/SF
− Vacancy
−$27.6K −$0.76/SF
EGI
$630.7K $17.24/SF
− OpEx
−$189.2K −$5.17/SF
NOI
$441.5K $12.07/SF
Area
Grays Harbor County, WA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,829,300
Cap Rate 7%
$6,306,643
Cap Rate 9%
$4,905,167
Alternative Uses
Best Use
Retail
$6.31M
$5.52M – $7.36M
NOI $441,465 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M
NOI $705,713 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
364k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Superstores 23%
Apparel 19%
Home Improvements & Furnishings 8%
Walmart
Superstores
84,382 visits/mo
0.2 miles
McDonald's
Dining
29,075 visits/mo
0.1 miles
Marshalls
Apparel
28,610 visits/mo
0.0 miles
Taco Bell
Dining
23,116 visits/mo
0.1 miles
Ross Dress for Less
Apparel
22,936 visits/mo
0.1 miles
Demographics for 98520, WA
24,086
Population
9,333
Households
2.6
Avg Household Size
41
Median Age
14%
College-Educated
89%
High-School Grad
217.5 sq mi
ZIP Area
111
Density / Sq Mi
$59,744
Median Household Income
$34,591
Median Earnings
$1,034
Median Rent
$237,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Peaches Flowers & Gifts — 621 E Market St, Aberdeen, WA 98520
Frequently Asked Questions
What type of property is this?
Storefront property - Single-tenant retail building leased to Tractor Supply Company.
Where is this storefront property located?
The property is located at 1213 E Wishkah St Aberdeen, WA.
What is the asking price?
The asking price for this property is $6,073,000.
What are key features of this property?
This property features: Leased to Tractor Supply Company, a national credit tenant.; Only Tractor Supply store within a 47‑mile radius.; Located in the Olympic Gateway Plaza with major retailers like Walmart, Marshalls, and Ross.
