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    11108 Evergreen Way Everett, WA 98204

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    For Lease
    $20 SF/Yr ($9,083 /Mo)

    Turnkey restaurant space with full kitchen for lease.

    Property size:
    5,450 SF
    Lot size:
    2.96 Acres

    Property Features for 11108 Evergreen Way

    General Information

    Size
    5,450 SF
    Lot size
    2.96 Acres

    Source: Genesis Realty Agent Chong Lee

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

    Overview

    Everett Restaurant Space Available

    This 5,450 square foot property is suitable for restaurants and retail businesses. It is currently configured as a formal American restaurant with a full kitchen. The space is ready for immediate occupancy with only cosmetic changes needed. All equipment and fixtures are included in the lease agreement, making it a turnkey opportunity for a new restaurant venture.
    Location Intelligence

    Current Use by Public Records

    Evergreen Center Shopping Mall Tyler's Donut House Restaurant Alem Grocery and Restaurant Grocery Store Oshima Sushi Japanese Restaurant Seattle Organic Termite ... Pest Control Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2524704
    Latitude
    47.8970023

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant space with full kitchen for lease.
    Where is this restaurant located?
    The property is located at 11108 Evergreen Way Everett, WA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Fully equipped commercial kitchen included.; - Ready for immediate restaurant operation with minimal cosmetic changes.; - All equipment and fixtures included in the lease agreement.
    (206) 949-4989
    Request Owner's contact information
    11108 Evergreen Way Everett, WA 98204
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    Everett, WA 98204
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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
    11108 Evergreen Way Everett, WA 98204
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