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    387 Butler St Monroe, WA

    For Lease
    $21 SF/Yr ($2,551 /Mo)

    1,458 SF retail space available in shopping center.

    Property size:
    1,458 SF
    Lot size:
    4.59 Acres

    Property Features for 387 Butler St

    General Information

    Size
    1,458 SF
    Lot size
    4.59 Acres

    Source: NAI Puget Sound Properties Agent Barry Kelly

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Monroe, WA

    This retail space offers 1,458 square feet within a 55,000 square foot shopping center. The location benefits from high traffic counts, with over 30,000 vehicles per day on Highway 2. Neighboring businesses include Grocery Outlet and Sherwin-Williams. NNN expenses are $7.78 per square foot. The tax identification numbers for the property are 00602300300500, 00602300600000, 00602300700100, 00602300700201, and 00602300700202.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Similar Places Nearby

    Monroe Center, Coinstar Kiosk | Bitcoin ATM, Kelsey Road Station, Coinstar Kiosk - Bitcoin ATM

    Map

    City
    Monroe
    County
    Snohomish
    State
    Washington
    Longitude
    -121.9709579
    Latitude
    47.8553772

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    FAQs

    What type of property is this?
    Shopping center - 1,458 SF retail space available in shopping center.
    Where is this shopping center located?
    The property is located at 387 Butler St Monroe, WA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - High traffic counts of 30,000+ VPD on Hwy 2; - Located in a 55,000 SF shopping center; - Neighbors include Grocery Outlet & Sherwin-Williams
    (425) 444-9357
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    387 Butler St Monroe, WA
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