For Sale
$988,000

11608 Airport Rd Everett, WA 98204

High-Yield Retail Investment in Everett, WA

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity: a thriving Airport Massage parlor in Everett, WA. This 1,828 square foot, single-tenant retail property is situated on a 0.22-acre lot (9,583 square feet) at 11608 Airport Rd, 98204, offering convenient access to Highway 99, Boeing, and the Snohomish County National Airport. The building, constructed in 1978, boasts ample parking with over 12 spots. Currently operating under a long-term triple net (NNN) lease with Airport Massage, the property generates a substantial annual net operating income (NOI) of $59,081, resulting in a compelling 5.98% capitalization rate. The lease features a monthly rent of $4,923.42, subject to a 6% annual increase, ensuring consistent income growth. The asking price is $988,000, translating to $540.48 per square foot. This is a prime commercial site presenting a strong return on investment with a stable tenant and a desirable location. The property's APN is 00537900005901. Don't miss this chance to acquire a well-established, income-producing asset in a thriving market.

Property Details for 11608 Airport Rd

Property type
Retail properties
Square Feet
1,828 SF
Year Built
1978
Stories
1
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Everett
County
Snohomish
State
Washington
Latitude
47.8926381
Longitude
-122.2612618

Nearby Similar for Sale

  • For Sale
    $925,000

    Everett Office/Retail Investment

    Downtown Everett storefront, prime location.

    2716 Colby Ave
    Everett, WA
    View Details
  • For Sale Call for price

    Prime Everett Retail Space

    143,364 SF Grocery Store, High Traffic

    11400 Highway 99
    Everett, WA
    View Details
  • For Sale
    $1,799,000

    Everett Retail Investment Opportunity

    High-Visibility Retail Complex, Everett, WA

    4315 Rucker Ave
    Everett, WA
    View Details
  • For Sale
    $1,600,000

    Everett Retail Property: High ROI Potential

    Prime Everett location, 6% cap rate, high rental upside.

    1832 Broadway
    Everett, WA
    View Details
  • For Sale
    $1,400,000

    Madison Ave Mixed-Use Investment

    Everett, WA: 12-unit building, high NOI.

    2112 Madison St
    Everett, WA
    View Details
  • For Sale
    $599,995

    Everett Mixed-Use Investment Opportunity

    Prime Broadway location, high visibility, strong NOI.

    3614 Broadway
    Everett, WA
    View Details

FAQs

What type of property is this?
Retail property - High-Yield Retail Investment in Everett, WA
Where is the retail property located?
The property is located at 11608 Airport Rd Everett, WA.
What is the asking price?
The asking price for this property is $988,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Dave Hilbert

Learn more

Useful Information

Request information

Airport Rd
Everett, WA 98204

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Airport Rd
Everett, WA 98204

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

11608 Airport Rd
  • Dave Hilbert
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.