9423 Evergreen Way
Everett WA 98204
Napa Auto Everett
9423 Evergreen Way Everett WA 98204
Listing #: 704722 | Status: Available | Last Modified: 11/26/2025 |
For Sale
- Phone:(425) 586-5608
- Email:ksterling@nai-psp.com
- Office Name:NAI Puget Sound Properties
- Office Phone:(253) 383-3100
- Office Website:
- Agent Phone:(425) 586-5631
- Agent Email:nbierly@nai-psp.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,200,000.0
- $/SF$ 209.5
- Listing StatusAvailable
- Days on Market34
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.50 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors1
- Semi-Dock Doors0
- Grade Level Door Count
- Crane Count
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min14
- Clearance Height Max14
- Bay Depth
- Total Building SF10500
- Net Rentable Area10500
- Total Office SF
- Largest Contiguous SF
- Lot SF27878
- Acres0.64
- Property TypeRetail
- Office Type
- Building Class
- CountySnohomish
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaMukilteo
- Tax ID #00480200500700
- Additional Parcels
- ZoningMU
- Year Built1982
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeConcrete, Masonry
NAPA Auto Parts Everett
Strong Corporate Backed Lease: Genuine Parts Company ranked #175 on the Fortune 500 list in 2024. With over 6,000+ locations across the United States and hundreds more across North America, Genuine Parts Co. is one of the largest automotive distributors in the world. NNN Lease Structure: The lease provides for minimal landlord responsibilities, providing a “hands-off”, coupon-clipper type offering for a passive investor. Below Market Rents: The current lease rate of $11.52/sf NNN is 40%-50% below market, offering significant long-term rental upside and equity appreciation. Priced Below Assessed Value: The offering price is below the current assessed value of $2,306,000. Prime Location on Evergreen Way: Located less than 1-mile from Everett Mall, the subject property is situated on one
