Prime commercial site on Airport Road, just off Highway 99, near Boeing and the new Snohomish County National Airport. The property includes over 12 parking spots and features a 1,828-square-foot building, on a long term lease to Airport Massage under a triple net lease! The building, constructed in 1978, sits on a 9,583-square-foot parcel. The monthly rent is $4,923.42 with a 6% yearly increase, generating an annual gross and net income of $59,081, yielding a 6% CAP rate! Don’t Miss Out On This Awesome Investment Opportunity!
Prime commercial site on Airport Road, just off Highway 99, near Boeing and the new Snohomish County National Airport. The property includes over 12 parking spots and features a 1,828-square-foot building, on a long term lease to Airport Massage under a triple net lease! The building, constructed in 1978, sits on a 9,583-square-foot parcel. The monthly rent is $4,923.42 with a 6% yearly increase, generating an annual gross and net income of $59,081, yielding a 6% CAP rate! Don’t Miss Out On This Awesome Investment Opportunity!
Neighborhood
Type
County
Snohomish
Area
740 - Everett/Mukilteo
Status
Active
Listing #
2260187
Built
1978
Lot Size
0.22
Listed on site
107 days
Listed by:
Real Estate 2000 Inc.
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-10-18 01:12:11.
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