HIGHLIGHTS
- IMMEDIATE PASSIVE INCOME – Provides stable, predictable cash flow with a competitive return from a passive, net-leased investment in a growing seconda
- ESTABLISHED FRANCHISE OPERATOR – Leased to a proven Meineke franchise operating 20+ locations, demonstrating significant operational expertise and str
- STRUCTURED RENTAL GROWTH – Lease features $1,200 rental escalations every 24 months, supporting consistent income appreciation over the remaining term
- HIGH-VISIBILITY LOCATION – Positioned along State Avenue (historic U.S. Route 99) parallel to Interstate 5, offering continuous traffic exposure
- FLEXIBLE FUTURE REPOSITIONING – Approximately ±5 years remaining on the lease with no further renewal options, creating an opportunity to renegotiate
- EXPANDING REGIONAL MARKET – Situated in Snohomish County, part of the growing Seattle metro area. Marysville serves as the largest commercial hub nort
FOR SALE DETAILS
PRICE
$577,259 USD
PRICE/SF
$275 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Meineke
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.33 AC
LAND SF
14,375 SF
ZONING
GC
APN/PARCEL ID
005503-000-001-00
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949-669-8664
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949-669-8664
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