Single-Tenant NNN Retail
For Sale
Contact for pricing
Pending
232 Valley Center Place, Sequim, WA 98382
Single-tenant NNN retail investment with a new roof installation underway and over eight years remaining on the lease.
Property SizeContact for details
Days on Market69
Property Features for 232 Valley Center Place
General Information
Standard status
Pending
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Listing Agency:
Kidder Mathews
(206) 747-4338
Listed By:
Parker Ksidakis · License #112893
(206) 292-6158
Source:
Moodyscre
Added: Jun 2
Changed: Aug 8
Last Checked: Aug 8 at 6:23PM
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
Investment Insights
Based on property information with market context.
This is a single-tenant NNN retail property leased to Ace Hardware under a 10-year NNN structure with over eight years remaining on the term. Recent capital improvements totaling approximately $500,000 have been made by current ownership and the tenant to support the building’s occupancy. A new roof is currently being installed.
The property is positioned near U.S. Route 101, serving as the area’s main arterial connecting Sequim to Port Angeles and the broader peninsula. Sequim functions as a primary retail and service center for the surrounding Olympic Peninsula.
The offering is presented as a long-term, NNN investment intended to provide stable cash flow with minimal landlord responsibilities during the remaining lease period.
The property is positioned near U.S. Route 101, serving as the area’s main arterial connecting Sequim to Port Angeles and the broader peninsula. Sequim functions as a primary retail and service center for the surrounding Olympic Peninsula.
The offering is presented as a long-term, NNN investment intended to provide stable cash flow with minimal landlord responsibilities during the remaining lease period.
Key Highlights
- Single‑tenant Ace Hardware in Sequim, WA with a 10‑year NNN lease and 8+ years remaining
- New roof installation currently in progress
- About $500,000 in recent capital improvements completed by current ownership and the tenant
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant NNN retail investment with a new roof installation underway and over eight years remaining on the lease.
Where is this nnn property located?
The property is located at 232 Valley Center Place Sequim, WA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Single‑tenant Ace Hardware in Sequim, WA with a 10‑year NNN lease and 8+ years remaining; New roof installation currently in progress; About $500,000 in recent capital improvements completed by current ownership and the tenant
