319 State Ave - Retail FOR SALE
Marysville, WA 98270 |
319 State Ave
Marysville, WA 98270
HIGHLIGHTS
- The leases are NNN with minimal landlord responsibility maximizing cash flow and making this an idea investment for net lease buyers
- The asset is 100% leased, which is testament to the quality of the real estate and its positioning within the shopping center and market
- MOD Pizza and Coastal Community Bank are on corporate leases
- The property is located on a pad parcel to Marysville Town Center, a 217,853 SF grocery-anchored shopping center with strong national tenants
- MOD Pizza and Coastal Community Bank contain 10% rental increases every 5 years providing solid NOI growth
- The property is in the hear of the Marysville-Arlington regional trade area, which is one of the fastest growing markets in the region
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
6386
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
005287-004-001-01
