Prepared by https://www.commercialmls.com
9423 Evergreen Way Everett WA 98204
Listing #: 704722 | Status: Available | Last Modified: 11/26/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 5.50 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Industrial Asset Class Info | |
|---|---|
| Dock High Doors | 1 |
| Semi-Dock Doors | 0 |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| Clearance Height Min | 14 |
| Clearance Height Max | 14 |
| Total Building SF | 10,500 SF |
| Net Rentable Area | 10,500 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 27,878 SF |
| Acres | 0.64 |
| Year Built | 1982 |
| Construction Type | Concrete, Masonry |
| Property Type | |
|---|---|
| Property Type | Retail |
| Location | |
|---|---|
| County | Snohomish |
| Market Area | Mukilteo |
| Tax ID # | 00480200500700 |
| Zoning | MU |
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
Napa Auto Everett
9423 Evergreen Way Everett WA 98204
Listing #: 704722 | Status: Available | Listing Date: 11/3/2025 | Last Modified: 11/26/2025 | Email Listing


