Property Details

232 Valley Center Place
Sequim, WA 98382
$1,400,000
CBA# 713621 courtesy of CBA Listing firm: Kidder Mathews

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232 Valley Center Place, Sequim

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Office / Retail
Property Type
13,000
Bldg Sq Ft
1
Units
6.00%
Cap Rate
1996
Year Built

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
Listed By
David Gellner
Kidder Mathews

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