Everett Starbucks

12811 4th Ave W Everett WA 98204

Listing #: 584518 | Status: Sold | Closing Date: 09/11/2017 | Last Modified: 9/20/2017 |

For Sale

12811 4th Ave W Everett WA 98204

Agent Information
Showing Instructions
Call Listing AgentNo
Use DiscretionNo

Brennan McClurg

(425) 250-3280

Steve Erickson

(425) 822-5522

First Western Properties, Inc.

(425) 822-5522

Listing Information
Listing Price$ 3,042,000
$/SF$ 1,483.90
Listing StatusSold
Days On Market153
Asset ClassRetail
Search TagsDrive-Thru, Pad(s), Restaurant, Stand-Alone
Closed Sales Only
Actual Sold Price$ 3,000,000
$/SF$ 1,463.41
Closing Date09/11/2017
Selling BrokerBilly Sleeth
Investment Information
Investment TypeProforma
Investment PropYes
Gross Income$ 163,530
Vacancy Factor %0.00%
Operating Expenses$ 26,650
Net Operating Income$ 136,880
CAP Rate4.50 %
Associated Files
Property Information
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
Total Building Sq/ft2,050
Net Rentable Area2,050
Lot Sq/ft22,216
Property Type
Property TypeRetail
Cross Street128th St SW
Market AreaEverett
Tax ID #00646800000100
Year Built1984
Year Renovated2016
Construction TypeFramed

New Freestanding Starbucks Drive-Thru

Public Comments: New freestanding Starbucks drive-thru located on the hard corner of 128th & 4th in Everett. More than 9 years left on the initial term, with no Early Termination in the lease. This is a relocation for Starbucks from a location across the street that did not have a drive-thru.

Search Tags: Drive-Thru, Pad(s), Restaurant, Stand-Alone,

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