---
title: Oak Harbor, WA - Island Plaza | Confidentiality Agreement
description: Confidentiality agreement and highlights for Island Plaza in Oak Harbor, WA.
image: https://info.simoncre.com/hubfs/Island%20Plaza-1.jpg
---

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# Island Plaza

### 31565 State Route 20, Oak Harbor, WA

![Island Plaza-1](https://info.simoncre.com/hs-fs/hubfs/Island%20Plaza-1.jpg?width=2000&height=1249&name=Island%20Plaza-1.jpg "Island Plaza-1")

## PROPERTY DETAILS

| #### Total SF #### Acres #### Stabilized Year 1 NOI | **±92,105** **±9.41** **$1,492,500** |
| --- | --- |

 

## **DEAL HIGHLIGHTS**

- Haggen (Albertsons/Safeway) on CPI-based rent increases (40+ year operating history)
- Value-Add Opportunity from vacant retail space
- Potential Pad opportunity on NE Corner
- New roof installed during redevelopment

## **LOCATION HIGHLIGHTS**

- Property features a Safeway fuel station, driving higher visitation from consumers.
- Fronting the main thoroughfare of Oak Harbor (State Route 20 ~26,000 VPD.
- Located in the main retail node of town, surrounded by the national tenants.
- Stable, necessity-driven trade area.

## **CONTACT**

| **[Brian McGlynn](mailto:brian.mcglynn@simoncre.com)** Acquisitions & Dispositions Director D: 480.745.2016[mailto:brendan.jost@simoncre.com](mailto:brendan.jost@simoncre.com) | **[Peter Leblanc](mailto:peter.leblanc@simoncre.com)** Acquisitions & Dispositions Senior Associate D: 928.284.8404 | **[Sam Henig](mailto:sam.henig@simoncre.com)** Acquisitions & Dispositions Associate D: 480.867.7789 |
| --- | --- | --- |

 

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