LISTING DETAILS

8500 Evergreen Way

8500 Evergreen Way Everett WA 98208

Listing #: 712915 | Status: Available | Last Modified: 5/14/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income74,160
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income74,160
CAP Rate6.18 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
AnchorBank of America
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
Total Building SF5,244 SF
Net Rentable Area5,244 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF35,284 SF
Acres0.81
Year Built1976
Construction TypeBrick, Concrete, Masonry
Property Type
Property TypeRetail
InvestmentYes
Location
CountySnohomish
Cross StreetCasino Rd
Market AreaMukilteo
Tax ID #28041300100100
ZoningMU

NNN Lease QSR Investment

Public Comments

Excellent opportunity to acquire a fully remodeled drive-thru QSR investment located on high-traffic Evergreen Way in Everett. The property is leased to El Molino Mexican Cocina & Tortilleria, a local operator with strong community roots and a personal guarantee. Current rental rate is estimated to be below market, providing investors with meaningful upside through the lease’s fair market value renewal option in 2032. Features include 3% annual rent increases, strong visibility, and positioning within a dense retail corridor surrounded by national tenants and significant daily traffic counts.

Search Tags

Drive-Thru, Mixed-Use, Pad(s), Restaurant, Stand-Alone, Mini-Mart/C-Store, Salon/Spa, Bank, Bar/Tavern/Night Club

8500 Evergreen Way
8500 Evergreen Way Everett WA 98208

Listing #: 712915 | Status: Available | Listing Date: 5/14/2026 | Last Modified: 5/14/2026 | Email Listing

For Sale

8500 Evergreen Way