Property Listings
Ace Hardware
232 Valley Center Place, Sequim, WA 98382
Kidder Mathews is pleased to present the opportunity to acquire the Ace Hardware in Sequim, WA a NNN investment opportunity featuring10-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 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.