Shadow-Anchored Multi-Tenant
For Sale
$3,200,000
Pending
22611 76th Ave W, Edmonds, WA 98026
Multi-tenant retail strip is shadow-anchored by Ranch 99 and Planet Fitness, with long-tenured tenants.
Property SizeContact for details
Days on Market118
Property Features for 22611 76th Ave W
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1992
Listing Agency:
FIRST WESTERN PROPERTIES, INC.
Listed By:
STEVE ERICKSON
(425) 822-5522
Source:
Corcoran
Added: May 14
Changed: Aug 8
Last Checked: Jul 24 at 8:37AM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
153k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 22%
Groceries 20%
Home Improvements & Furnishings 8%
99 Ranch Market
Groceries
30,937 visits/mo
0.2 miles
Starbucks
Dining
21,588 visits/mo
0.5 miles
Bigfoot Java
Dining
16,538 visits/mo
0.1 miles
Boiling Point
Dining
14,669 visits/mo
0.5 miles
Shell
Shops & Services
13,001 visits/mo
0.5 miles
Demographics for 98026, WA
38,610
Population
15,884
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
97%
High-School Grad
9.4 sq mi
ZIP Area
4,107
Density / Sq Mi
$124,462
Median Household Income
$63,708
Median Earnings
$1,894
Median Rent
$758,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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
