16504 9th Ave SE Mill Creek, WA

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at 16504 9th Ave SE Contact us

Listing office NAI Puget Sound Properties r***@northmarq.com Show Phone

Listing date Dec 3, 2025

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Investment Insights

Based on property information with market context.

The Creekside Professional Building presents a turnkey investment opportunity in Snohomish County. Constructed in 2001, this 19,070 square foot building is 100% occupied by five tenants providing a mix of medical and professional services. The property is positioned between I-5 and Bothell-Everett Highway, providing convenient access for over 365,000 residents within a five-mile radius. It features 80 dedicated parking stalls. All five leases are structured on a NNN basis with annual rent escalations. As of the offering date, the property features a weighted average lease term of 5.11 years, with 80% of tenants holding extension options.

Key Highlights

• 100% Occupied with Durable Income: Provides immediate and consistent cash flow
• NNN Leases with Annual Rent Escalations: Minimizes management responsibilities and hedges against inflation
• Strategic Location: Excellent connectivity between I‑5 and Bothell‑Everett Highway

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Office building - Turnkey, 100% occupied building with durable income and NNN leases.

Where is this office building located?

The property is located at 16504 9th Ave SE Mill Creek, WA.

What is the lease rate?

The lease rate is $26 SF/Yr.

What are key features of this property?

This property features: 100% Occupied with Durable Income: Provides immediate and consistent cash flow; NNN Leases with Annual Rent Escalations: Minimizes management responsibilities and hedges against inflation; Strategic Location: Excellent connectivity between I‑5 and Bothell‑Everett Highway