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Ground Lease Retail Development Site
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190 N Priest Rd, Sequim, WA 98382

Retail site with ground lease or build-to-suit options near Highway 101 in Sequim, WA.

Space Size12,000 SF
Days on Market955

Property Features for 190 N Priest Rd

General Information

Standard status Active
Size 12,000 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Highway Access Yes

Spaces For Lease

at 190 N Priest Rd Contact us

Sequim Retail Pads - Building 1

Size
12,000 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
•Ground lease or build to suit •Located in the retail hub of Sequim, WA •Easy...
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Listing Agency: NAI Puget Sound Properties
Listed By: Barry Kelly
Source: Moodyscre
Added: Feb 1, 2024 Changed: Sep 4 Last Checked: Sep 13 at 7:13AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

This property is offered as a retail development site with ground lease or build-to-suit options. The available configuration is supported by the stated ground lease and build-to-suit framework, giving flexibility for an occupant’s tailored improvements.

The site is located in the retail hub of Sequim, Washington, with easy access to Highway 101. That combination is intended to support practical customer access for retail operations.

While additional details such as existing improvements, exact frontage, and specific permitting are not provided in the available information, this offering is structured around a ground lease and build-to-suit pathway for an end user or developer.

Key Highlights

  • Ground lease or build‑to‑suit options available
  • Located in the retail hub of Sequim, WA
  • Easy access to Highway 101

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Electrical Service HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98382, WA

30,505
Population
15,739
Households
1.9
Avg Household Size
62
Median Age
35%
College-Educated
95%
High-School Grad
206.7 sq mi
ZIP Area
148
Density / Sq Mi
$70,471
Median Household Income
$41,337
Median Earnings
$1,210
Median Rent
$463,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail site with ground lease or build-to-suit options near Highway 101 in Sequim, WA.
Where is this shopping center located?
The property is located at 190 N Priest Rd Sequim, WA.
What is the lease rate?
The lease rate is $6,666/Mo.
What are key features of this property?
This property features: Ground lease or build‑to‑suit options available; Located in the retail hub of Sequim, WA; Easy access to Highway 101
(425) 444-9357 Call to check price and availability
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