Everett Starbucks
12811 4th Ave W, Everett, WA 98204
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Description
Starbucks presents an exceptional investment opportunity, benefiting from a phenomenal ‘story’ with Starbucks relocating to this site in 2016 from a neighboring in-line store location, recently exercising an early five-year option providing six years of lease term remaining, completing an extensive store remodel in 2023 at the Tenant’s costs, and a 10% rental increase in May 2026 increasing the going-in yield approximately 60 basis points. Located on a prime corner parcel at the intersection of 4th Ave W and 128th St SW in Everett, the asset is strategically positioned and sees ample consumer foot traffic and vehicle traffic counts in excess of 50,000 cars per day. This opportunity offers ease of management, and strong growth potential, and stands as a prime acquisition for investors looki
Location

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Price
$2,940,000
CAP Rate
5.00%
Year Built
2016
Square Feet
2,050
Location
Everett, WA
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