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Petco - Lake Stevens

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Petco - Lake Stevens

9004 Vernon Rd, Lake Stevens, WA 98258
Retail For Sale Available Built 2015 1 floors Zoning: CD
Asking Price
$4,750,000
Total Building11,500 SF
Land43,996 SF land
MarketEverett
CountySnohomish

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Overview

Property ID
218240
Listing ID
708924
Type
Retail
Asset Class
Retail
Zoning
CD

Description

We are pleased to present the opportunity to acquire a Single Tenant - NNN, Petco located in Lake Stevens, Washington, with a newly executed 10-Year Lease Extension. The 11,550 SQFT property is leased directly to Petco Animal Supplies Stores, Inc., the Corporate Operating entity with over 1,500 Locations Nationwide. The lease includes Scheduled Rent Increases every 5-Years, offering predictable income growth with minimal landlord expense exposure.Strategically positioned within a high-barrier-to-entry retail corridor, the property offers excellent visibility and access along State Route 204, the primary east-west arterial connecting Lake Stevens to Everett and the I-5 corridor, with close proximity to State Route 9, the area’s dominant north-south highway. The site is surrounded by stron

Listing Courtesy of:

KV
Kevin Verger
Kidder Mathews
999 W Main Street, Suite 100,
Boise, ID 83702
State: WA City: Lake Stevens ZIP: 98258 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.