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1195 Boblett St
Blaine, WA 98230

Rite Aid · Retail Property For Sale

Investment Highlights

  • Rite Aid recently relocated from a nearby strip center that was doing over $9 million in sales
  • 12 years remaining in the primary term of the lease
  • Located at the hard corner of a signalized intersection along Truck Route 543 which is a primary north-south thoroughfare
  • Absolute NNN with zero landlord responsibilities
  • 10% rental escalation in year 11 of the lease
  • Positioned immediately off of Interstate 5 and is just south of the United State/Canadian border

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
17,340 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.22 AC
Parking
50 Spaces (2.87 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400106-317420-0000
Land Assessment
$1,265,235
Improvements Assessment
$2,700,961
Total Assessment
$3,966,196
  • Listing ID: 28555251

  • Date on Market: 5/23/2023

  • Last Updated:

  • Address: 1195 Boblett St, Blaine, WA 98230

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