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NNN Property with National Tenant

1098 Alder Ave, Marysville, WA 98270

For Sale
$1,580,000
Pending

NNN property featuring a national tenant and on-site parking.

Property SizeContact for details
Days on Market1124

Property Features for 1098 Alder Ave

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1950
Listing Agency: DOWNTOWN DENNIS REAL ESTATE SERVICE, LLC
Listed By: DONALD WHITFIELD
Source: Corcoran
Added: Oct 18, 2023 Changed: Nov 12 Last Checked: Nov 12 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DOWNTOWN DENNIS REAL ESTATE SERVICE, LLC

Rey
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Investment Insights

Based on property information with market context.

This property is leased to a national tenant under a 5-year lease term. The lease includes a 3% annual increase to the base rent. The location offers 18 on-site parking spaces, complemented by available street parking. Owner financing is available with a 50% down payment.

Key Highlights

  • Long‑term lease (5 years) with a national tenant provides stable income.
  • Annual rent increases (3%) ensure growing returns.
  • Owner financing available with 50% down payment.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Marysville Vision Physician Dr. Jessie Liu Physician Dr. Kim Kron Physician Jennifer Christman Physician Cody Good Physician

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith Electrical Service Wine and Liquor Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,399
Businesses Nearby

Demographics for 98270, WA

51,969
Population
19,840
Households
2.6
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
3,634
Density / Sq Mi
$102,258
Median Household Income
$50,619
Median Earnings
$1,845
Median Rent
$540,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for NNN properties in Snohomish County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
NNN property - NNN property featuring a national tenant and on-site parking.
Where is this nnn property located?
The property is located at 1098 Alder Ave Marysville, WA.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Long‑term lease (5 years) with a national tenant provides stable income.; Annual rent increases (3%) ensure growing returns.; Owner financing available with 50% down payment.
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