4225 Hoyt Ave - Medical FOR SALE


Everett, WA 98203- Glacier View
$5,100,000 USD
425-455-9976
4225 Hoyt Ave, Everett, WA for Sale
$5,100,000 USD
Medical - FOR SALE
1/3
null | Request Cap Rate

4225 Hoyt Ave
Everett, WA 98203
Glacier View


HIGHLIGHTS

  • 100% Leased
  • Convenient access to Broadway and Interstate 5 for ease of transportation.
  • Located within Everett’s thriving medical district near major healthcare providers.

OVERVIEW

- 100% Occupied/Income-Producing Asset - Fully leased 12,433 SF medical office building with five healthcare tenants, plus two leased single-family residential homes providing stable cash flow. - Recently Upzoned to UR7 - All three parcels allow urban residential development up to 7 stories. - Assembled 1.54-Acre Development Site - The site containing (67,083 SF) is positioned for value-add or future redevelopment opportunity. - Established Medical District - Located adjacent to Providence Regional Medical Center, Optum, and Kaiser Permanente with strong healthcare demand. - Everett Location - Excellent I-5 corridor access in a growth market with significant nearby development activity including The Hub and 1.5M SF Waterfront Place.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$401 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

UR7

APN/PARCEL ID

005822-021-001-01,005822-021-001-02,005822-021-002-00

ASK ABOUT THIS PROPERTY

Ann BishopWallace Properties, Inc.More Info
425-455-9976

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Ann BishopWallace Properties, Inc.More Info
425-455-9976

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.