1733 H St, Blaine, WA 98230 For Sale

CBRE is pleased to present Blaine International, the only large-format shopping center in Blaine, WA (the “Property”). While the community is located along the Canadian border, Blaine International does not cater to Canadian travelers, but rather the Property serves the local residents of the Blaine community. The local retail market is constrained with no other alternative locations for retailers – a strategic advantage for the Property. This advantage has been reinforced by several recent developments (all since 2023) of national tenant pads including: McDonald’s, O’Reilly’s, Taco Bell, and Roadrunner Car Wash.

The Property is 100% occupied and anchored by long term commitments from several major national tenants: IGA Market, Ace Hardware, Dollar Tree , Shell, and O’Reilly Auto Parts. Collectively, these tenants comprise 68% of total rental income. Notably in 2024, IGA Market Blaine underwent a $2+ million (tenant-investment) rebrand and interior renovation (formerly a Cost Cutter) following an acquisition by a local operator. IGA grocer operations are strong with a healthy occupancy cost ratio, a recent a 10-year lease extension through 2035, and store sales +20% since the renovations.

The city of Blaine has been transforming from a quiet border town into a growing residential and coastal hub. The population increased 8.3% since 2020, ranking the city as the #2 fastest growing community in Whatcom County.