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12811 4th Ave W Everett WA 98204
Listing #: 690598 | Status: Pending | Status Change Date: 12/18/2024 | Last Modified: 1/21/2025
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 0 |
Vacancy Factor % | 0.00% |
Operating Expenses | 0 |
Net Operating Income | 0 |
CAP Rate | 5.00 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Retail Asset Class Info | |
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Crane Tonnage | 0 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 1 |
Total Building SF | 2,050 SF |
Net Rentable Area | 2,050 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 22,216 SF |
Acres | 0.51 |
Year Built | 2016 |
Year Renovated | 2023 |
Construction Type | Framed |
Property Type | |
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Property Type | Retail |
Investment | Yes |
Location | |
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County | Snohomish |
Cross Street | 128th St SW |
Market Area | Mukilteo |
Tax ID # | 00646800000100 |
Zoning | UC |
Parking Information | |
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#Covered Spaces | 0 |
# Uncovered Spaces | 30 |
Total Parking Spots | 30 |
Starbucks presents an exceptional investment opportunity, benefiting from a phenomenal ‘story’ with Starbucks relocating to this site in 2016 from a neighboring in-line store location, recently exercising an early five-year option providing six years of lease term remaining, completing an extensive store remodel in 2023 at the Tenant’s costs, and a 10% rental increase in May 2026 increasing the going-in yield approximately 60 basis points. Located on a prime corner parcel at the intersection of 4th Ave W and 128th St SW in Everett, the asset is strategically positioned and sees ample consumer foot traffic and vehicle traffic counts in excess of 50,000 cars per day. This opportunity offers ease of management, and strong growth potential, and stands as a prime acquisition for investors looki
Drive-Thru, Pad(s), Restaurant, Stand-Alone
Everett Starbucks
12811 4th Ave W Everett WA 98204
Listing #: 690598 | Status: Pending | Listing Date: 12/19/2024 | Last Modified: 1/21/2025 | Status Change Date: 12/18/2024 | Email Listing