1213 Wishkah St Aberdeen, WA 98520
High-Yield Net Lease Investment
Property size:
36,573 SFProperty Features for 1213 Wishkah St
General Information
- Property type
- Individual retail properties
- Square Feet
- 36,573 SF
- Class
- A
- Lot Size
- 55,321 SF
Building Details
- Year Built/Renovated
- 1994/2016
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: Cushman & Wakefield - San Francisco, California Listing Agent: Andrew Bogardus
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 36,573 square foot, single-story retail building in Aberdeen, WA, fully occupied by Tractor Supply Company under a 12.5-year net lease with fixed rent increases every five years. The property, built in 1994 and renovated in 2016, sits on a 1.27-acre lot and boasts a fenced outdoor display area and ample parking. Located in the Olympic Gateway Plaza alongside prominent national retailers such as Walmart, Marshalls, and Ross, this Class A asset benefits from its position as the only Tractor Supply within a 47-mile radius. The building is constructed of concrete block and features a single story. The lease is corporate guaranteed, providing significant security. Aberdeen's economy is diverse, encompassing timber, fishing, tourism, and regional services, making this a stable and attractive market. The average household income within seven miles is $79,855. The property's strategic location offers excellent visibility and accessibility, further enhancing its investment potential. With a strong tenant, long lease term, and consistent rental growth, this offering represents a compelling addition to any portfolio. SeaTac International Airport is conveniently located approximately 100 miles northeast. The property is part of a larger shopping center anchored by a Walmart Supercenter.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Grays Harbor
- State
- Washington
- Longitude
- -123.8018542
- Latitude
- 46.9764315
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - High-Yield Net Lease Investment
Where is this individual retail property located?
The property is located at 1213 Wishkah St Aberdeen, WA.
What is the asking price?
The asking price for this property is $6,255,000.
What are key features of this property?
This property features: 12.5-year net lease with fixed rent increases every 5 years remaining.; Tractor Supply Co. (NASDAQ: TSCO) tenant; S&P Investment Grade BBB rating.; Net lease with limited landlord responsibilities.
