Thomas Company is pleased to announce the sale of a +/- 32,600 square foot McLendon Hardware store located in Sumner, WA. The tenant executed a 20-year, triple net lease in 2017 with 2% annual escalations. The sale represents the fourth McClendon Hardware asset sold by Thomas Company on behalf of our client.
McLendon Hardware is a fourth-generation, family-owned retailer operating in Washington’s Puget Sound region. The company has built a loyal following through its dedication to excellent customer service and extensive product selection, winning awards including the Angie’s List Super Service Award, 425 Magazine’s “Best Hardware Store” listing, and a best-value nod from Checkbook.org’s non-profit consumer reports.