10318 Evergreen Way - Retail FOR SALE
Everett, WA 98204 |
10318 Evergreen Way
Everett, WA 98204
HIGHLIGHTS
- Long Term NNN Leases - Woods Coffee signed a 10-year initial lease term with four 5-year options; Glint Car Wash signed a 20-year lease with six 5-yea
- New Construction - Attractive, low-maintenance building completed in October 2022.
- High Traffic Volume - The property fronts Evergreen Way/Pacific Highway with traffic counts exceeding 36,000 vehicles per day.
- Drive-Thru Retail with Established Tenant - Woods Coffee is locally owned and has 18 locations in Washington State.
- Income Tax Free State - Washington is only one of seven states that has no income tax.
- Additional Income - Glint Car Wash is leasing 7 parking spaces to use for vacuum stalls which will provide additional long-term income.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Woods Coffee New Construction
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
7293
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
005352-000-010-01
