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22511 Highway 99
Edmonds, WA 98026

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
104,134 SF
Building Class
B
Year Built
1967
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.27
Lot Size
8.93 AC
Zoning
CG
Frontage
715 ft on Wa-99 Hwy

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

About 22511 Highway 99 , Edmonds, WA 98026

Edmonds Center is a grocery and drug anchored investment opportunity with significant future rental and/or development upside. The institutional quality offering is truly a covered land play consisting of 9 acres just 8 miles north of Seattle. The offering benefits from 100% occupancy, near term contracted rental increases, and ease of management with only four tenants - 99 Ranch Market, Rite Aid, Big Foot Java coffee pad and a Wells Fargo ATM pad. Due to the below market rents the center will trade well below land value and replacement cost providing a rare opportunity to acquire a stabilized grocery anchored center with future upside in the greater Seattle metro area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
270429-003-074-00
Land Assessment
$17,427,295
Improvements Assessment
$7,441,735
Total Assessment
$24,869,029
  • Listing ID: 12827144

  • Date on Market: 2018-06-11

  • Last Updated:

  • Address: 22511 Highway 99, Edmonds, WA 98026

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