Freestanding Sporting Goods Retail
31956 State Route 20 Oak Harbor, WA 98277
31956 State Route 20, Oak Harbor, WA, 98277
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For Sale
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Single-tenant Big 5 Sporting Goods occupies a freestanding built-to-suit retail building on State Route 20 under an NNN lease.
Days on Market103
Property Features for 31956 State Route 20
General Information
- Standard status
- Active
- Property subtype
- Retail, Land
Listing agency
Kidder Mathews Seattle
(206) 296-9600
Listed by
David Gellner · License #WA 112893
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 8:17PM Checked: Jul 21 at 4:41AM
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 offering is a single-tenant retail property occupied by Big 5 Sporting Goods, with 15 years of historical occupancy. The tenant fully occupies a freestanding built-to-suit retail building totaling 10,000 square feet. The lease is structured as a NNN agreement with scheduled 10% rent increases every five years, with the next increase scheduled for 2020.
The property is highly exposed along Hwy 20, described as the primary arterial running through Oak Harbor and connecting to mainland Puget Sound.
This is a built-to-suit, single-tenant retail asset with long-term occupancy and contractual rent escalations tied to the lease schedule.
The property is highly exposed along Hwy 20, described as the primary arterial running through Oak Harbor and connecting to mainland Puget Sound.
This is a built-to-suit, single-tenant retail asset with long-term occupancy and contractual rent escalations tied to the lease schedule.
Key Highlights
- Single‑tenant Big 5 Sporting Goods occupies a freestanding 10,000 SF built‑to‑suit retail building on State Route 20
- Investment‑grade tenant with 15‑year historical occupancy
- NNN lease structure
Property Analytics
Location Intelligence
Current Use by Public Records
Oak Harbor Office
Law Firm
Big 5 Sporting ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single-tenant Big 5 Sporting Goods occupies a freestanding built-to-suit retail building on State Route 20 under an NNN lease.
Where is this retail space located?
The property is located at 31956 State Route 20 Oak Harbor, WA.
What are key features of this property?
This property features: Single‑tenant Big 5 Sporting Goods occupies a freestanding 10,000 SF built‑to‑suit retail building on State Route 20; Investment‑grade tenant with 15‑year historical occupancy; NNN lease structure