13008 27th Pl Ne, Lake Stevens, WA 98258
Fully leased flex/industrial building with income potential in Lake Stevens.
- Added:
- Apr 11, 2025
- Days on Market:
- 429
- Last Refresh:
- Jan 20 at 10:25 am
Property Features for 13008 27th Pl Ne
General Information
- Standard status
- Active
- Size
- 10,035 SF
- Lot size
- 0.48 Acres
Listing agent Brandon T. Olson (425) 348-7368
Listing office Windermere Real Estate RBI (425) 348-7368
Listing date Apr 11, 2025
Source Exprealty
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 Windermere Real Estate RBI
HighLights
- Fully leased 10,035 SF flex/industrial building providing immediate income.
- Full NNN lease structure with 3% annual increases.
- Prime location with easy access to SR‑9.
- Separately metered units.
- Two 3‑inch conduits for extra power.
- Owner financing considered.
Overview
Local Financial Insights For Warehouse
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 | $160.2k | $15.96 |
| − Vacancy | −$10.9k | −$1.09 |
| EGI | $149.3k | $14.87 |
| − OpEx | −$22.4k | −$2.23 |
| NOI | $126.9k | $12.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Stevens
- County
- Snohomish
- State
- Washington
- Longitude
- -122.056
- Latitude
- 48.0214