Woods Coffee New Construction
10318 Evergreen Way
Everett, WA 98204
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New Price
Price
$1,809,000
CAP Rate
5.75%
Year Built
2022
Price Per SF
$2,696
Location
Everett, WA
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Kidder Mathews is pleased to offer a new construction drive-thru Woods Coffee located in Everett, Washington. The Woods Coffee is part of a new development that includes a Sonic Drive-In and Glint Car Wash on the adjacent tax parcels. The property is located at a signalized intersection with high traffic counts. The offering includes long-term NNN leases with Woods Coffee and Glint Car Wash.
Long Term NNN Leases
Long Term NNN Leases - Woods Coffee signed a 10-year initial lease term with four 5-year options; Glint Car Wash signed a 20-year lease with six 5-year options.