NNN Retail Investment with Ace
For Sale
Contact for pricing
Pending
232 VLY CTR PL, Sequim, WA 98382
Ace Hardware NNN lease offers a long remaining term alongside recent capital improvements, with a new roof underway.
Property Size13,000 SF
Days on Market66
Property Features for 232 VLY CTR PL
General Information
Standard status
Pending
Size
13,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Building Details
Year Built
1996
Units
1
Tenancy
Single
Listing Agency:
Kidder Mathews Seattle
(206) 296-9600
Listed By:
David Gellner · License #WA 112893
Source:
Crexi
Added: Jun 5
Changed: Aug 8
Last Checked: Aug 6 at 2:43PM
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.
This NNN retail investment is anchored by an Ace Hardware location in a dedicated storefront setting. The property is currently under a 10-year NNN lease, with over 8 years of term remaining. Recent capital improvements totaling approximately $500,000 have been made by current ownership and the tenant to support the Ace Hardware occupancy. A new roof is also currently being installed.
The property is located at 232 VLY CTR PL in Sequim, WA. As an NNN investment, the structure is designed for limited landlord involvement relative to more hands-on tenancy models, with the operating expense responsibilities aligned to the NNN framework as described in the offering.
For buyers seeking an income-oriented retail asset, this package pairs a long remaining lease term with documented recent upgrades and ongoing exterior work. The combination of sustained tenant occupancy under the NNN structure and the scheduled roof replacement is intended to reduce near-term property-related distractions while maintaining continuity for the Ace Hardware business. Prospective investors and brokers can review the lease details and improvement scope as part of their underwriting.
The property is located at 232 VLY CTR PL in Sequim, WA. As an NNN investment, the structure is designed for limited landlord involvement relative to more hands-on tenancy models, with the operating expense responsibilities aligned to the NNN framework as described in the offering.
For buyers seeking an income-oriented retail asset, this package pairs a long remaining lease term with documented recent upgrades and ongoing exterior work. The combination of sustained tenant occupancy under the NNN structure and the scheduled roof replacement is intended to reduce near-term property-related distractions while maintaining continuity for the Ace Hardware business. Prospective investors and brokers can review the lease details and improvement scope as part of their underwriting.
Key Highlights
- Ace Hardware NNN investment with a 10‑year NNN lease and over 8 years of term remaining
- Year built 1996
- Recent capital improvements totaling approximately $500,000 by current ownership and the tenant
Property Analytics
Property Profile
Current Use
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 - Ace Hardware NNN lease offers a long remaining term alongside recent capital improvements, with a new roof underway.
Where is this nnn property located?
The property is located at 232 VLY CTR PL 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: Ace Hardware NNN investment with a 10‑year NNN lease and over 8 years of term remaining; Year built 1996; Recent capital improvements totaling approximately $500,000 by current ownership and the tenant
