12811 4th Ave Everett, WA 98204 – Everett Starbucks

Everett Starbucks (Status: Pending) 2940000

12811, 4th Ave, Everett, WA  98204

Starbucks presents an exceptional investment opportunity, benefiting from a phenomenal ‘story’ with Starbucks relocating to this site in 2016 from a neighboring in-line store location, recently exercising an early five-year option providing six years of lease term remaining, completing an extensive store remodel in 2023 at the Tenant’s costs, and a 10% rental increase in May 2026 increasing the going-in yield approximately 60 basis points. Located on a prime corner parcel at the intersection of 4th Ave W and 128th St SW in Everett, the asset is strategically positioned and sees ample consumer foot traffic and vehicle traffic counts in excess of 50,000 cars per day. This opportunity offers ease of management, and strong growth potential, and stands as a prime acquisition for investors looki

Listing Details

Asset Class: Retail
Year Built: 2016
Building Total Square Feet: 2050
Available Lease Space Square Feet: 2050
Number of Floors: 1
Total Parking Spaces: 30
Local Zoning Information: UC

Listing Courtesy of: Newmark

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.