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2205 Broadway Ave
Everett, WA 98201 Riverside

$5,050,000 USD

Drugstore For Sale  •  13,896 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,896 SF
  • Lot Size 0.97 AC
  • Building Class C
  • Year Built 2003
  • Cap Rate 8.50 %
  • Tenancy Single
  • Zoning MU
40 Transit Score
70 Walk Score

Highlights

Attractive Assumable Financing, 27.60% Cash-On-Cash Return
Strong Store Sales | $3,000,000+ Annually
Absolute Net Lease
Limited Drug Store Competition
Signalized Hard Corner with High Traffic Counts (25,000+ VPD)
Corporate Guarantee with Strong Backing

Property Flyers

Cap Rate: 8.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 13,896 SF 3/31/2029

Public Transportation

Commuter RailDriveWalkDistance
Everett Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 4 min - 1.3 mi
Mukilteo Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 16 min - 7.9 mi
AirportDriveWalkDistance
Seattle Paine Field International 16 min - 9.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Trevor Lane 425-233-9522 Marcus & Millichap
Trevor Lane 425-233-9522 Marcus & Millichap