15 Everett Mall WayEverett, WA 98204

Property Details for 15 Everett Mall Way

Year built

2008

Construction

TYPE NOT SPECIFIED

Lot size

1.23 AC

Property size (Sq ft)

26,207 SF

Zone code

F6

Property type

Retail space

APN

480201101400

APU

480201101400

Description

Evergreen Summit Retail Center offers exceptional retail and industrial flex space in Everett, WA. This single-story building, located at 15 SW Everett Mall Way, 98204, boasts a prime location in a strong retail corridor just blocks from the Everett Mall, providing excellent visibility and high foot traffic. The property offers quick access to I-5, ensuring convenient access for both customers and employees. Currently, there are two available spaces totaling 1,691 square feet of vacant space, with additional space potentially available. The total building size is not currently specified. The available spaces range in size from 2,362 to 5,120 square feet, offering flexibility for various business needs. The property is a multi-tenant building, suitable for a variety of retail or light industrial uses. Note that the net operating expenses (NNNs) do not include electricity, water/sewer, and trash. This presents an excellent opportunity for businesses seeking a high-traffic location with convenient access to major transportation routes. The property is situated at 47.9076569 latitude and -122.2342641 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $10,391,342

  6.5%

  $9,592,008

  7%

  $8,906,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,074,894

  Geo Method

  $12,718,299

• Alternative Use

  Use

  Valuation

  Residential

  $8,091,218

  Hospitality

  $7,411,512

  Educational

  $6,166,290

  Medical

  $6,378,359

  Retail

  $9,592,008

Location Insight

City

Everett

County

Snohomish

State

Washington

Latitude

47.9077

Longitude

-122.234

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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