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Fully Occupied Shopping Center
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172 W Chance a La Mer NW, Ocean Shores, WA 98569

Corner retail center with frontage on two main arterials and a tenant mix spanning retail and personal services.

Property Size29,419 SF
Days on Market142

Property Features for 172 W Chance a La Mer NW

General Information

Standard status Active
Size 29,419 SF
Property subtype Retail
Occupancy 100%

Additional Details

Corner Location Yes

Building Details

Tenancy Multi
Listing Agency: Kidder Mathews Seattle
Listed By: David Gellner · License #WA 112893
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:03PM

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 Seattle

Investment Insights

Based on property information with market context.

The Shores Mall is a 29,419-square-foot shopping center at 172 W Chance a La Mer NW in Ocean Shores, Washington. The property is fully occupied and combines retail businesses, personal-service operators, and the city’s only liquor store within its tenant mix.

The center occupies the corner of two principal arterial roads, including a route that runs through the city and carries beach-bound and returning traffic past the property. Its customer base includes both local residents and visitors to the Ocean Shores tourism market. Renewals were completed for 70% of tenants, effective in 2019–2020.

Key Highlights

  • 29,419 SF fully occupied shopping center
  • Hard‑corner frontage on two main arterials
  • One arterial carries traffic to and from the beach through Ocean Shores

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Auto Repair Shop Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
54k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 34% Dining 30% Home Improvements & Furnishings 17% Shops & Services 16%
Ocean Shores IGA Groceries
18,527 visits/mo 0.1 miles
McDonald's Dining
11,873 visits/mo 0.1 miles
Buck Electric Ace Hardware Home Improvements & Furnishings
9,045 visits/mo 0.2 miles
Shell Shops & Services
7,356 visits/mo 0.1 miles
Pizza Factory Dining
3,498 visits/mo 0.2 miles

Demographics for 98569, WA

6,964
Population
5,884
Households
1.2
Avg Household Size
62
Median Age
22%
College-Educated
93%
High-School Grad
13.3 sq mi
ZIP Area
524
Density / Sq Mi
$62,772
Median Household Income
$34,182
Median Earnings
$1,177
Median Rent
$373,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Corner retail center with frontage on two main arterials and a tenant mix spanning retail and personal services.
Where is this shopping center located?
The property is located at 172 W Chance a La Mer NW Ocean Shores, WA.
What are key features of this property?
This property features: 29,419 SF fully occupied shopping center; Hard‑corner frontage on two main arterials; One arterial carries traffic to and from the beach through Ocean Shores
(206) 296-9600 Call to check price and availability
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