909 Business Center
95% Leased Five-Building Commercial Campus: Retail, Flex & Office
Marketing description
ORION Commercial Partners is pleased to present 909 Business Center, a well-diversified, five-building complex located at 909 SE Everett Mall Way in Everett, Washington. This offering represents the first time the asset has been available for sale in 22 years. Positioned just off Interstate 5, 909 Business Center features a balanced mix of retail, flex, and office tenants, with no single user occupying more than 10% of the net rentable area. The property benefits from significant upside potential, driven by predominantly under-market rents and high tenant demand for smaller suite sizes. With 35 tenants, the asset offers a highly mitigated risk profile and stable, diversified income.
The center's proximity to major national retailers—including Walmart, Regal Cinemas, Target, and numerous surrounding amenities—enhances its visibility and leasing appeal, supporting strong tenant retention and ongoing demand.
While the broader Seattle/Tacoma market remains healthy across retail, office, and flex—with vacancy near 4% and limited new supply—Everett continues to outperform. Stronger tenant demand, tighter inventory, and faster leasing velocity make Everett one of the region's most resilient and landlord-advantaged submarkets.
Investment highlights
- 95% Leased Five-Building Commercial Campus
- Features a balanced mix of retail, flex, and office tenants, with no single user occupying more than 10% of the net rentable area.
- Benefits from significant upside potential, driven by predominantly under‑market rents and high tenant demand for smaller suite sizes.
- First time the asset has been available for sale in 22 years.
- High visibility, prime SE Everett Mall Way corridor location
- Proximity to major national retailers—including Walmart, Regal Cinemas, Target, and numerous surrounding amenities
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