1213 Wishkah St Aberdeen, WA 98520
- Retail space
- 36,112 SF
- 1.27 lot acres
Current Use by Public Records
- Retail space
Property Details for 1213 Wishkah St
- Year built
- 1994
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.27 lot acres
- Property size
- 36,112 SF
- Property type
- Retail space
- APN
- 29901200002
- APU
- 29901200002
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Grays Harbor
- State
- Washington
- Longitude
- -123.802
- Latitude
- 46.9764
- CBSA code
- 10140
- CBSA name
- ABERDEEN, WA MICROPOLITAN STATISTICAL AREA
