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232 Valley Center Pl
Sequim, WA 98382

$1,400,000 USD

Warehouse For Sale  •  13,000 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 13,000 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 1996
  • Cap Rate 6.50 %
  • Zoning CGC
30 Transit Score
20 Walk Score

Highlights

8+ years remaining on original 10 year NNN lease
Current ownership and tenant has invested $500,000 into capital improvements to the building
Ace Hardware is a nationally recognized, essential-use retailer with consistent performance through economic cycles
Backed by an experienced regional ownership group (Broadway Hardware Group) with 9 locations in Washington and Oregon
Sequim serves as a primary retail and service center for the surrounding Olympic Peninsula, with barriers to entry limiting big-box competition
Positioned near U.S. Route 101, the area’s main arterial connecting Sequim to Port Angeles and the broader peninsula

Property Flyers

Cap Rate: 6.50 %
David Gellner 206-747-4338 Kidder Mathews
David Gellner 206-747-4338 Kidder Mathews