REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Toril White

1toril@torilsellshouses.com +1(253) 350-2638

Listed by:Kidder Mathews • Kevin G. Verger

$4,750,000

Est. payment - /mo

1.01 Acres Lot

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Lake Stevens

MLS Listing ID 2482807

Style 75 - Retail

Year Built 2015

Lot Size 1.010 Acres

Property Sub-Type Commercial Industrial

Property Description

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 strong national retailers including Safeway, Target, and Ace Hardware, reinforcing its position within a proven retail trade area. Strong demographics, historically low retail vacancy, and the continued growth of the Snohomish County economy, supported by major employers such as Boeing and the U.S. Navy, further underpin the long-term performance of the investment.

Location

State WA

County Snohomish

Area 760 - Northeast Snohomish?

Interior

Fireplace false

Building

Sewer Available

Water See Remarks

Others

Senior Community No

Acceptable Financing See Remarks

Listing Terms See Remarks

Read Less Info

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby School & Business

Get More Information

Toril White

+1(253) 350-2638

Quick Search

9004 Vernon RD Lake Stevens, WA 98258

Toril White

Key Details

Location

Interior

Building

Others

Nearby School & Business

Get More Information