-
Property Description
Attractive retail center located on the corner of Everett Mall Way and 7th Avenue SE which provide 40,550+ and 9,500+ VPD traffic counts respectively. The 3 retail buildings provide 52,057 NRSF with plentiful parking. The 232,610 SF site is zoned B (Business) a dense zoning allowing for up to 7 – 9 floors and includes mixed use (multifamily). The property was built in phases between 1985 and 1987 and is fully occupied. There is substantial rental upside on lease renewal by bringing rents to market and also charging triple nets. This center historically is quite stable with the most recent tenant moving in 5 years ago and the average tenant moving in 10 years ago. 7th Avenue Plaza provides lots of upside and very little downside.
-
Property Details
-
- MLS ID:
- 1794703
-
- Area:
- Everett/Mukilteo
-
- Community:
- Everett Mall
-
- County:
- Snohomish County
-
- Lot Size Sq. Ft.:
- 232,610
-
- Property Subtype:
- Commercial Industrial
-
- Property Type:
- Commercial Sale
-
- Status:
- Sold
-
- Year Built:
- 1985
-
-
Additional Highlights
-
- Exterior:
- Cement/Concrete, Metal/Vinyl, Stone
-
- Furnished:
- Unfurnished
-
- Heating / Cooling:
- Forced Air
-
- Land/Topography:
- Level
-
- Roofing:
- Flat
-
- Water Source:
- Public
-
-
Taxes and Fees
-
- Taxes (Est):
- $105,464
-
- Taxes (Year):
- 2021
-
Request Info
620 SE Everett Mall Way, Everett Washington, 98208 United StatesDisclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.