Property Details
232 Valley Center Place
Sequim, WA 98382
$1,400,000
Pending
CBA# 713621 courtesy of CBA
Listing firm: Kidder Mathews
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Property Overview
We are pleased to present the opportunity to acquire the Ace Hardware in Sequim, WA a NNN investment opportunity featuring 10-year NNN lease with over 8 years of term remaining, delivering stable long-term cash flow with minimal landlord responsibilities. The property has benefited from approximately $500,000 in recent capital improvements by current ownership and the tenant to support Ace Hardware's occupancy. A new roof is currently being installed.-8+ years remaining on original 10 year NNN lease providing a passive investment with minimal landlord responsibilities and stable, long-term cash flow-Current ownership and tenant has invested $500,000 into capital improvements to the building for Ace Hardware’s occupancy. A new roof is currently in the process of being installed-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 Details
Property Information
Property Type
Commercial Sale
Status
Pending
County
Clallam
Listed
Aug 5, 2026
Financial Summary
Cap Rate
6.00%
Building & Use
Building Sq Ft
13,000
Total Units
1
Possible Use
Retail
Year Built
1996
Exterior & Lot
Year Built
1996
Location
City
Sequim
County
Clallam
Coordinates
48.07770, -123.16800
