1614 Broadway Everett, WA 98201
Two-story office building with secured parking and high visibility.
Property Features for 1614 Broadway
General Information
- Standard status
- Active
- Size
- 3,387 SF
Building Details
- Year Built
- 1987
Listing office JONES LANG LASALLE (425) 974-4015
Listing date Mar 27, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of JONES LANG LASALLE
Investment Insights
Based on property information with market context.
Key Highlights
- Great owner‑user office building on Broadway Avenue.
- Flexible 2‑story space with ability to create separate spaces.
- On‑site secured parking.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.4k | $26.40 |
| − Vacancy | −$13.9k | −$4.09 |
| EGI | $75.6k | $22.31 |
| − OpEx | −$18.9k | −$5.58 |
| NOI | $56.7k | $16.73 |
