23940 NE State Route 3 | Belfair, WA 98528
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- LoopNet Team
23940 NE State Route 3
Belfair, WA 98528
Grocery Outlet · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 12-year corporate NNN lease with limited landlord responsibilities
- Full conversion from former pharmacy to modern grocery format.
- $113K average HH income with projected ~1% annual population growth (5-mi).
- Grocery Outlet (NASDAQ: GO) is one of the nation's fastest-growing value-oriented grocery chains, with over 530 locations nationwide.
- State Route 3 sees ±20,000 VPD; adjacent Safeway & QFC draw over 1.6M collective annual visits.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
17,356 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
2.12 AC
Zoning
GC - General Commercial
Parking
50 Spaces (2.88 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 12329-41-90230 | Improvements Assessment | $3,109,195 |
| Land Assessment | $651,370 | Total Assessment | $3,760,565 |
PROPERTY TAXES
Parcel Number
12329-41-90230
Land Assessment
$651,370
Improvements Assessment
$3,109,195
Total Assessment
$3,760,565
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