217 N Boone St Aberdeen, WA 98520

Listing agency Kidder Mathews Seattle d***@kidder.com Show Phone

Listed by David Gellner · License #WA 112893

Source Crexi

Added: Apr 11 Updated: Jul 23 at 12:57AM Checked: Jul 23 at 12:57AM

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Investment Insights

Based on property information with market context.

The offering provides the opportunity to acquire two single-tenant sale-leaseback properties: Swanson’s Supervalu in Aberdeen, Washington and another Swanson’s Supervalu location in Hoquiam, Washington. Each property is covered by a 20-year absolute NNN lease that is personally guaranteed by the operator, with annual increases throughout the entire lease term.

A substantial renovation was recently completed by the tenant, which the offering states increased year-over-year sales and strengthened long-term security for future prospects. Both properties can be purchased separately or together.

Key Highlights

• Two single‑tenant sale‑leaseback properties: Swanson’s Supervalu in Aberdeen, WA and Hoquiam, WA
• Each property has a 20‑year absolute NNN lease personally guaranteed by the operator
• Annual lease payment increases throughout the entire 20‑year lease term for each property

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FAQs

What type of property is this?

NNN property - Two single-tenant grocery convenience stores in Aberdeen and Hoquiam feature a 20-year absolute NNN lease.

Where is this nnn property located?

The property is located at 217 N Boone St Aberdeen, WA.

What are key features of this property?

This property features: Two single‑tenant sale‑leaseback properties: Swanson’s Supervalu in Aberdeen, WA and Hoquiam, WA; Each property has a 20‑year absolute NNN lease personally guaranteed by the operator; Annual lease payment increases throughout the entire 20‑year lease term for each property