Multi-Tenant Retail

Verizon Retail Center

Marysville, Washington

Asking Price

$2,300,000

Cap Rate

5.50%

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Year Built

1977

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Avg HHI

$123,080

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Square Feet

6,853 SF

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All Tenants On

Triple Net Leases

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Build-To Cap Rate

7.10%

INVESTMENT HIGHLIGHTS

Occupied by Verizon, Edward Jones, Reboot Recovery, and PacWeezy Barbershop.
Verizon comprises 20% of the GLA and has occupied the premises for over 12 years with a brand new 5-year extension.
All tenants operate on a triple net lease structure that insulates Landlord from the rising cost of operating expenses.

Pad site of the Albertsons-anchored Marysville Town Center, a daily-needs retail center with many national tenants.
Located within the Marysville-Arlington trade area, one of the state’s fastest-growing communities and the second-largest city in Snohomish County.
High average area income of $123k within a 3-mile radius.

Exclusively Listed By

Sean Tufts

Managing Director
seantufts@northmarq.com 206.693.3352
WA Lic. #74057

Kevin Adatto

Managing Director
kadatto@northmarq.com 503.675.7726
WA Lic. #21038208

Joe Dugoni

Associate
jdugoni@northmarq.com 206.693.3329
WA Lic. #21001346

Northmarq

130 Nickerson St, Suite 200
Seattle, WA 98109

northmarq.com