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34374473
34374474

6996 265th Street Northwest, Stanwood, WA 98292 For Sale

RS
WA 144869
$1,600,000
7 days on market
Updated 7 days ago

7.5% Cap Rate Passive Investment Commercial Condo

Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 5,800
Cap Rate 7.5%
NOI $120,000
Occupancy 100%
Tenancy Single
Brand/Tenant Amigos Family Mexican Restaurant
Lease Type Absolute NNN
Remaining Term 5
Investment Type Net Lease
Ground Lease No

Retail | 7.50% CAP | 5,800 SqFt

Marketing description

This is a prime opportunity to acquire a stabilized commercial asset in the heart of Stanwood. Featuring a reliable tenant and a 7.5% cap rate, this property is ideal for an investor seeking a passive, "turn-key" addition to their portfolio. 4800sft plus 1200sft additional seating space. Long-term lease in place, offering excellent stability and predictable cash flow. All expenses passed through to tenant. High-visibility commercial condo space in Stanwood, offering strong local foot traffic and excellent accessibility.

Call Rachael Scott with questions

Investment highlights

Exceptional 7.50% Cap Rate: A high-yield, stabilized commercial asset offering strong, immediate returns compared to average Puget Sound retail cap rates.

True "Turn-Key" Passive Investment: Perfect hands-off acquisition for an investor seeking a secure, cash-flowing addition to their portfolio.

Predictable, Long-Term Cash Flow: Backed by a reliable, established tenant with a long-term lease already in place. All expenses passed through to the tenant.

Expansive Physical Footprint: Features 4,800 SF of prime commercial interior space, plus an additional 1,200 SF of dedicated outdoor/patio seating space.

Unmatched High-Visibility Location: Strategically situated in the heart of Stanwood with high-impact street frontage, heavy local foot traffic, and effortless regional accessibility.

Listing Contacts

RS
WA 144869

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
RACHAEL SCOTT
License
144869
Brokerage
Ballpark Realty
Brokerage Phone
6623802502
Title
Broker
Brokerage Address
17826 Washington 9
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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