Listed by CBRE - Seattle
Unpriced
Everett Mall Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 124,268
Occupancy 83.1%
Tenancy Multi
Brand/Tenant Jack in the Box, Petco
Year Built 1985
Acreage 10.290
Zoning MU - Mixed Use
Parking Spaces 4.70 per 1,000 sq ft
Investment Type Value Add
Ground Lease No
Retail | 124,268 SF
Marketing description
Everett Mall Plaza is a value-add opportunity (83% occupied) located at the most premium intersection in the submarket with superior exposure along Everett’s most active retail corridor – Everett Mall Way (41,000+ cars per day). The submarket is dominated by the 670,000 square foot Everett Mall (located directly across Everett Mall Way), anchored by Trader Joe’s, Burlington, Floor & Décor, Five Below, and ULTA. The mall is undergoing a significant repositioning which will result in an open-air retail configuration with and additional 300 apartment units.
Investment highlights
- Value-add opportunity (lowest rents in the submarket)
- Recent anchor renewals and positive leasing momentum
- Walmar shadow-anchor (top-performing location)
- Active retail corridors - massive traffic counts (42,000+ VPD)
Listing Contacts
Listed by CBRE - Seattle
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
