Investment Overview

The subject property is a 17,278 square foot former Rite Aid drugstore located on a 1.48 Acre lot. Positioned at a signalized intersection in central Sequim it is directly adjacent to a grocery anchored shopping center which includes a Safeway market and gas station, Chase Bank and Burger King. Walgreens, McDonald’s and Wells Fargo are located across the street. Additionally, Sequim is home to a number of big box retailers including a Walmart supercenter, Home Depot and Costco all of which attract shoppers from a large trade area. Known as the “Lavender Capital of North America” Sequim lies within the rain shadow of the Olympic Mountains and receives, on average, less than 16 inches of rain per year – about the same as Los Angeles, California, but is relatively close to some of the wettest temperate rainforests of the contiguous United States. This unique location offers Residents and visitors a blend of both coastal and mountainous landscapes with the Strait of Juan de Fuca located to the North and the towering peaks of the Olympic Mountains to the South. Ideal for an owner/occupant or investor this offering provides the opportunity to establish a presence in central Sequim at a signalized intersection on the main thoroughfare adjacent to a grocery anchored shopping center.