Harbor Town Center

 Oak Harbor, WA

Asking Price



Year Built






Square Feet

140,832 SF


Close Proxmity

To Major Highway

For more details on this exclusive listing, execute the following NDA.

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  • Grocery Anchored by Saar's: Saar's Super Saver Foods has operated at this location for over 17 years and recently exercised a five-year option
  • Tenant Strength: The Property benefits from a strong, dynamic tenant lineup with over half of the GLA leased to grocery, fitness, food, and personal and professional services
  • Strong Returns: The Property provides significant increase in NOI over the holding period with an estimated CAGR of 5.94% and a levered IRR of 16.41%
  • Strong Employees and Stable Workforce: Oak Harbor is home to over 78% of Island County's top private and public employers
  • Rare & Highly Sought After Property: No similar sized retail vacancy (20-40K SF) available on the entire island
  • Close Proximity to Top Employer: Close proximity to Naval Air Station Whidbey Island, which employs over 30% of Island County's workforce
  • Excellent Site Level Visibility and Proximity to Major Highway: The Property has excellent visibility and access from both directions of Highway 20 with over 19,000 VPD

Exclusively Listed By

Sean Tufts

Managing Director, Investment Sales      206.693.3352
WA Lic. #74057

Kevin Adatto

Managing Director, Investment Sales      503.675.7726
WA Lic. #21038208

Joe Dugoni

Associate, Investment Sales      206.693.3329
WA Lic. #21001346

Michael Salzman

Senior Vice President, Debt & Equity      303.225.2111

Patrick O'Malley

Vice President, Debt & Equity      303.225.2126

Jared Wiedmeyers

Transaction Manager, Debt & Equity      303.225.2110


130 Nickerson St, Suite 200
Seattle, WA 98109