Strong-Performing Grocer

The Center is anchored by the #2-performing Albertsons in Washington (Placer.ai), which boasts strong sales performance, a low occupancy cost ratio, and a 37-year operating history at the Center—contributing both consistent foot traffic and long-term stability to the asset.

Lease & Tenant Longevity

With a WALT of 6.2 years, the Center offers strong income stability, solid tenant retention, and upside potential through built-in contractual rent escalations.

Tenant Mix

The Center features Insert Coin, a well established entertainment operator recognized for its experienced management and strong appeal to families. This location serves as Insert Coin’s flagship and second venue, with plans underway for a third location. Additional shop tenants provide a strong mix of service/food and beverage oriented uses.

Prime Regional Location

The Center benefits from its adjacency to highly trafficked roads with 190,000 cars total per day passing by the Center. The Center is also part of a robust trade area featuring major retailers such as Ross, Target, and Fred Meyer.

Significant Discount to Replacement Cost

The offering presents investors with a compelling cost basis advantage, priced well below the cost to replicate a 90,000 SF grocery-anchored center in today’s land and construction environment.

Expanding Trade Area

The 5-mile trade area includes a population of 172,000+, growing to nearly 180,000 by 2029, a +4.0% increase, signaling continued residential expansion. Average household incomes are projected to rise significantly from $108,152 to over $126,000 by 2029, reflecting upward mobility and purchasing power in the local consumer base.