1213 Wishkah StAberdeen, WA 98520

For Sale
$6,255,000 View listing
  • Retail space
  • 36,112 SF

Property Details for 1213 Wishkah St

Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.27 AC
Property size (Sq ft)
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.

1213 Wishkah St, Aberdeen, Washington

Location Insight

City
Aberdeen
County
Grays Harbor
State
Washington
Latitude
46.9764
Longitude
-123.802
CBSA code
10140
CBSA name
ABERDEEN, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$51,153
$993,744
$4,058,684
$5,052,428
-
$993,744
$4,058,684
$5,052,428

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