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Grocery-Anchored Shopping Center

31565 State Route 20, Oak Harbor, WA 98277

For Sale
Contact for pricing

Haggen, Marshalls, and a Safeway-branded fuel station occupy the property under separate tenancy arrangements.

Property SizeContact for details
Days on Market28

Property Features for 31565 State Route 20

General Information

Standard status Active
Property subtype Retail

Automotive

Automotive Uses fuel station
Fuel Brand Safeway Gasoline

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Current Tenants Haggen, Safeway Gasoline, Marshalls
Real Estate Included Yes

Building Details

Tenancy Multi
Listing Agency: SimonCRE
Listed By: Peter LeBlanc · License AZ SA708476000
Source: Crexi
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 5:57PM

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 SimonCRE

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Investment Insights

Based on property information with market context.

The shopping center includes a Haggen grocery store, Marshalls, and a Safeway gasoline station. Haggen has operated at the location since 1971 and currently uses the Haggen banner. Marshalls recently signed a lease for space previously occupied by Rite Aid.

The fuel station sits on a separate parcel at the property and operates under a ground lease. The grocery store and fuel station share ownership through Albertsons Companies, Inc.

Key Highlights

  • Haggen grocery store has been at the location since 1971
  • Marshalls signed a new lease for the former Rite Aid space
  • Safeway gasoline station occupies a separate ground‑leased parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Primo Water Refill Big Box & Wholesale Store Island Plaza Shopping ... Business Service Center Redbox Cinema Haggen Grocery & Convenience Store Coinstar Kiosk | Bitcoin ... Atm

Suggested Use

Top Pick Building Supply HVAC Service Parking Lot & Garage Auto Repair Shop Big Box & Wholesale Store Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,012
Businesses Nearby
397k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 24% Groceries 23% Dining 23% Superstores 16%
Walmart Superstores
64,147 visits/mo 0.2 miles
Safeway Groceries
49,645 visits/mo 0.2 miles
Haggen Groceries
30,913 visits/mo 0.1 miles
Safeway Gas Shops & Services
25,282 visits/mo 0.0 miles
The Home Depot Home Improvements & Furnishings
24,985 visits/mo 0.3 miles

Demographics for 98277, WA

41,517
Population
17,694
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
95%
High-School Grad
57.3 sq mi
ZIP Area
725
Density / Sq Mi
$79,326
Median Household Income
$45,236
Median Earnings
$1,651
Median Rent
$455,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Bayview Plaza — 31239 State Rte 20, Oak Harbor, WA 98277
  • Coinstar Kiosk | Bitcoin ATM — Safeway, 1450 SW Erie St, Oak Harbor, WA 98277
  • Coinstar Kiosk | Bitcoin ATM — Safeway Inc. DBA Haggen, 31565 State Rte 20 #1, Oak Harbor, WA 98277
  • Oak Harbor Pigfest — 150 SE Pioneer Way, Oak Harbor, WA 98277
  • Coinstar Kiosk | Bitcoin ATM — Saar's Inc 32199, State Rte 20, Oak Harbor, WA 98277

Frequently Asked Questions

What type of property is this?
Shopping center - Haggen, Marshalls, and a Safeway-branded fuel station occupy the property under separate tenancy arrangements.
Where is this shopping center located?
The property is located at 31565 State Route 20 Oak Harbor, WA.
What is the asking price?
The asking price for this property is $22,111,000.
What are key features of this property?
This property features: Haggen grocery store has been at the location since 1971; Marshalls signed a new lease for the former Rite Aid space; Safeway gasoline station occupies a separate ground‑leased parcel
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