Shadow-Anchored Multi-Tenant
22611 76th Ave W Edmonds, WA 98026
For Sale
$3,200,000
Multi-tenant retail strip is shadow-anchored by Ranch 99 and Planet Fitness, with long-tenured tenants.
Days on Market71
Property Features for 22611 76th Ave W
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1992
Listing Agency:
FIRST WESTERN PROPERTIES, INC.
(425) 822-5522
Listed By:
STEVE ERICKSON
Source:
Corcoran
Added: May 14
Changed: Jul 23
Last Checked: Jul 23 at 10:37AM
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 FIRST WESTERN PROPERTIES, INC.
Investment Insights
Based on property information with market context.
This multi-tenant retail strip offers a collection of retail spaces within a single retail property configuration. The center is shadow-anchored by Ranch 99 and Planet Fitness, providing a stabilized tenant mix with long-tenured occupants. The property has a history of regular rent increases, with described rent upside tied to a couple of leases that are currently below market.
The asset is located at 22611 76th Ave W in Edmonds, Washington. As a strip retail property, it is intended to serve multiple storefront needs under one ownership structure.
As presented, the offering is best understood as a long-term income-focused retail asset with multiple tenants and opportunities related to lease positions noted in the remarks.
The asset is located at 22611 76th Ave W in Edmonds, Washington. As a strip retail property, it is intended to serve multiple storefront needs under one ownership structure.
As presented, the offering is best understood as a long-term income-focused retail asset with multiple tenants and opportunities related to lease positions noted in the remarks.
Key Highlights
- 1992‑built multi‑tenant retail strip with long‑tenured tenants
- Shadow‑anchored by Ranch 99 and Planet Fitness
- Regular rent increases and rent upside on a couple below‑market leases
Property Analytics
Location Intelligence
Current Use by Public Records
Adams Heating & Air ...
HVAC Service
A World of Collections Games, ...
(Bike/Boat/Book/etc) Store
Savvy Thai Cuisine
Restaurant
85°C Bakery Cafe ...
Bakery
Star Hair & Nails
Hair Salon
FAQs
What type of property is this?
Strip mall - Multi-tenant retail strip is shadow-anchored by Ranch 99 and Planet Fitness, with long-tenured tenants.
Where is this strip mall located?
The property is located at 22611 76th Ave W Edmonds, WA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 1992‑built multi‑tenant retail strip with long‑tenured tenants; Shadow‑anchored by Ranch 99 and Planet Fitness; Regular rent increases and rent upside on a couple below‑market leases
