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12811 4th Ave W
Everett, WA 98204

$2,940,000 USD

Fast Food For Sale • 2,050 SF

Property Details

Property Type Fast Food
Total Building Size 2,050 SF
Lot Size 0.51 AC
Building Class B
Year Built 1984
Tenancy Single
Zoning FS

0 Transit Score

66 Walk Score

                
                    Highlights
                
                                The Tenant relocated to this site in 2016 and completed a full store remodel in 2023 at the Tenant’s cost
                            
                                The Tenant executed their option early with a 10% rental increase in May 2026, moving the going-in cap rate approximately 60 basis points
                            
                                This has operated as a successful Starbucks location since 2016, featuring over 8 years of historical occupancy
                            
                                Placer.ai ranks this location in the top 13% in Washington State and top 30% in the country for total visits for Starbucks locations
                            
                                The offering presents a rare opportunity to acquire a single-tenant drive-thru on a highly sought after corner location
                            
                                The lease has a corporate guarantee with Starbucks, providing strong investment grade credit from a leading nationally recognized company

Property Flyers

Starbucks_Everett, WA_Brochure

Amenities

Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Everett Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	12 min	-	7.5 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	37 min	-	34.5 mi

Billy Sleeth 206-518-9567 Newmark

12811 4th Ave W Everett, WA 98204