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Retail

Haggen Grocery (Albertsons)

Marysville, WA

60,762 SqFt

Built in 2000

Core

Investment Highlights

  • Dominant "essential" grocery tenant with an extensive operating history and conservative occupancy cost ratio
  • The offering provides investors with a stable income stream and contractual rent increases
  • Haggen occupies the property on an absolute net lease with zero landlord responsibilities
  • Superb access with strong vehicle traffic counts and demographic
  • High quality improvements offered at a significant discount to replacement cost
  • Haggen's parent company is Albertsons, which posted a market capitalization of $11.6B in May of 2023 and is in the process of being acquired by Kroger

Exclusively listed by

Broker of Record

Joel Deis

First Vice President/Regional Manager

(206) 826-5700

License(s): WA: 25469

Washington

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