75,000 SQFT Haggen Grocery in Olympia Hits Market at $19.3MM After Albertsons Extends Lease Through 2039

A Ketchum, Idaho-linked owner that paid $12 million for the West Olympia site in 2014 is testing whether a freshly extended Albertsons lease can still command a 5.50 percent cap rate, even as net lease yields climb to their highest level in more than a decade.