3824 88th St NE - Distribution FOR SALE


Marysville, WA 98270- Pinewood
$4,290,000 USD
206-618-4694
3824 88th St NE, Marysville, WA for Sale
$4,290,000 USD
Distribution - FOR SALE
1/21
null | 5.6% Cap Rate

3824 88th St NE
Marysville, WA 98270
Pinewood


OVERVIEW

CenturyPacific, LLLP is pleased to present this unparalleled redevelopment opportunity at a key intersection in Marysville, WA. The property, zoned Light Industrial (LI), is well-situated on the signalized hard corner of 88th Street NE and State Avenue, providing a strategic location with convenient I-5 access and outstanding visibility. The existing improvements are in good condition, are well-leased to quality tenants, and provide material interim income in advance of redevelopment. At over 21 acres -- with a delineated usable area of +/-9.8 acres -- the property is a unique, close-in opportunity to secure a well- located future redevelopment site with strong current income.

FOR SALE DETAILS

PRICE

$4,290,000 USD

PRICE/SF

$4,643 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

88th & State

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

21.43

LAND SF

933,491

ZONING

88-MU

APN/PARCEL ID

300521-002-038-01

ASK ABOUT THIS PROPERTY

Michael FinchCenturyPacific, LLLPMore Info
206-618-4694

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Michael FinchCenturyPacific, LLLPMore Info
206-618-4694

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