9315 State Ave | Marysville, WA 98270
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
9315 State Ave
Marysville, WA 98270
State Street Center · Retail Property For Sale
Investment Highlights
- 84,264 square foot retail center with longstanding anchors and below-market rents averaging $9/sf/yr
- Costless Warehouse currently pays $2.79/ sf Gross, which is significantly below market rent.
- At $90 per square foot, the property is priced substantially below replacement cost.
- Goodwill, Costless Warehouse and Everett Community College occupy 67.4% of the total GLA and have been tenants in the property for 21, 11, and 19 yrs
- At 26,080 sf and 31% of the GLA, Goodwill recently executed a 7-year lease extension showing their commitment to the site.
- Currently occupied by a drive-thru espresso stand paying $1,606 per month, market rent for similar out-pad espresso stands range from $3,000 - $5,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
84,264 SF
Building Class
C
Year Built
1990
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.35
Lot Size
5.55 AC
Zoning
GC, Marysville
Parking
238 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
269 FT on State Ave
Amenities
- Pylon Sign
- Restaurant
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | 300516-003-039-00 | Improvements Assessment | $3,303,800 |
| Land Assessment | $3,383,600 | Total Assessment | $6,687,400 |
PROPERTY TAXES
Parcel Number
300516-003-039-00
Land Assessment
$3,383,600
Improvements Assessment
$3,303,800
Total Assessment
$6,687,400
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
