11608 Airport Rd - Office FOR SALE


Everett, WA 98204
$988,000 USD
425-280-6542
11608 Airport Rd, Everett, WA for Sale
$988,000 USD
Office - FOR SALE
1/28
null | 5.98% Cap Rate

11608 Airport Rd
Everett, WA 98204


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$988,000 USD

PRICE/SF

$540 USD /SF

CAP RATE

5.98%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

S1

APN/PARCEL ID

005379-000-059-01

ASK ABOUT THIS PROPERTY

Dave HilbertReal Estate 2000 Corp.More Info
425-280-6542

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Dave HilbertReal Estate 2000 Corp.More Info
425-280-6542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.