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Tractor Supply Company 1213 E Wishkah St 38,196 SF Retail Building Aberdeen, WA 98520 $8,395,923 CAD ($219.81 CAD/SF)
INVESTMENT HIGHLIGHTS
- Recently extended lease with 11.5 years remaining with fixed rental increases every 5 years
- S&P rated BBB with a “stable” outlook
- Concrete block construction
- Publicly traded company (NASDAQ: TSCO) with a market cap of over $22 billion
- Net Lease with limited landlord responsibilities
- Secured fenced outdoor sales area
EXECUTIVE SUMMARY
To receive the offering memorandum, please contact Matthew Kingsley (matthew.kingsley@cushwake.com) (415) 306-2203
The CUSHMAN & WAKEFIELD Net Lease Group is pleased to present a 36,573 +/- single-story retail building leased to Tractor Supply Company on a 1.27 +/- acre lot in Aberdeen, Washington for over 12 years.
Originally built in 1994 and remodeled for Tractor Supply in 2016, the single-story concrete block building comes equipped with a fenced outdoor display area and ample on-site parking within the center.
The property is the only Tractor Supply store within 47 miles of Aberdeen and is situated in the Olympic Gateway Plaza. Tenants in the area include Walmart Supercenter, Marshalls, Ross, Staples, McDonald’s, Big 5, Safeway, Goodwill, and Subway.
Aberdeen continues to function as the financial hub of the Grays Harbor region. Aberdeen and the rest of Grays Harbor remain dependent on the timber, fishing industries, tourism, and as a regional service center for much of the Olympic Peninsula. Tourism now plays an important role in the economy as Aberdeen, along with its neighboring city Hoquiam, provides a gateway to the Pacific Coast and the Olympic National Park. A new mix of retail, different industries, and tourism offers a new kind of future, one that Aberdeen is embracing.
In cooperation with Pat Mutzel, a licensed WA agent with Cushman & Wakefield.
The CUSHMAN & WAKEFIELD Net Lease Group is pleased to present a 36,573 +/- single-story retail building leased to Tractor Supply Company on a 1.27 +/- acre lot in Aberdeen, Washington for over 12 years.
Originally built in 1994 and remodeled for Tractor Supply in 2016, the single-story concrete block building comes equipped with a fenced outdoor display area and ample on-site parking within the center.
The property is the only Tractor Supply store within 47 miles of Aberdeen and is situated in the Olympic Gateway Plaza. Tenants in the area include Walmart Supercenter, Marshalls, Ross, Staples, McDonald’s, Big 5, Safeway, Goodwill, and Subway.
Aberdeen continues to function as the financial hub of the Grays Harbor region. Aberdeen and the rest of Grays Harbor remain dependent on the timber, fishing industries, tourism, and as a regional service center for much of the Olympic Peninsula. Tourism now plays an important role in the economy as Aberdeen, along with its neighboring city Hoquiam, provides a gateway to the Pacific Coast and the Olympic National Park. A new mix of retail, different industries, and tourism offers a new kind of future, one that Aberdeen is embracing.
In cooperation with Pat Mutzel, a licensed WA agent with Cushman & Wakefield.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
38,196 SF
Building Class
B
Year Built
1994
Price
$8,395,923 CAD
Price Per SF
$219.81 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.69
Lot Size
1.27 AC
Opportunity Zone
Yes
Parking
96 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
170’ on E Wishkah St
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Waterfront
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 029901200002 | Improvements Assessment | $5,611,131 CAD |
| Land Assessment | $1,373,851 CAD | Total Assessment | $6,984,982 CAD |
PROPERTY TAXES
Parcel Number
029901200002
Land Assessment
$1,373,851 CAD
Improvements Assessment
$5,611,131 CAD
Total Assessment
$6,984,982 CAD
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Tractor Supply Company | 1213 E Wishkah St
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