Build-to-Suit Coffee Shop
For Sale
Contact for pricing
2948 90th Ave NE, Lake Stevens, WA 98258
Brand-new build-to-suit Starbucks with a 10-year NNN lease, delivering January 2023 and opening to the public in March.
Property SizeContact for details
Days on Market121
Property Features for 2948 90th Ave NE
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 5:54PM
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 Northmarq - Seattle
Investment Insights
Based on property information with market context.
This offering presents a brand-new build-to-suit Starbucks featuring a 10-year NNN lease. The lease is set to commence in early 2023, with the property expected to be delivered to the tenant in January 2023 and scheduled to open to the public in March.
The site is located within Lake Stevens Landing, an under-construction, 10-acre mixed-use center that is being developed with national tenants including Chipotle and Arco, along with other uses.
The surrounding market context described in the offering includes high-density residential development and strong incomes, with a stated median salary roughly 43% higher than the U.S. median.
The site is located within Lake Stevens Landing, an under-construction, 10-acre mixed-use center that is being developed with national tenants including Chipotle and Arco, along with other uses.
The surrounding market context described in the offering includes high-density residential development and strong incomes, with a stated median salary roughly 43% higher than the U.S. median.
Key Highlights
- Brand‑new build‑to‑suit Starbucks with a 10‑year NNN lease
- Lease set to commence in early 2023
- Expected delivery to the tenant in January 2023
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
64k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Starbucks
Dining
16,961 visits/mo
0.1 miles
Chevron
Shops & Services
13,903 visits/mo
0.1 miles
ARCO
Shops & Services
11,448 visits/mo
0.0 miles
AMPM
Shops & Services
10,998 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
10,967 visits/mo
0.0 miles
Demographics for 98258, WA
51,995
Population
18,397
Households
2.8
Avg Household Size
36
Median Age
32%
College-Educated
94%
High-School Grad
37.1 sq mi
ZIP Area
1,401
Density / Sq Mi
$120,571
Median Household Income
$63,208
Median Earnings
$2,187
Median Rent
$606,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Market Street Cafe — 8915 Market Pl NE, Lake Stevens, WA 98258
- Starbucks — 9601 Market Pl, Lake Stevens, WA 98258
- Union Coffee Bar @ Pioneer Station — 719 91st Ave NE, Lake Stevens, WA 98258
- Starbucks — Shopping Center, 511 9th St NE, Lake Stevens, WA 98258
- Rusty’s Coffee Co — 831 Frontage Road, Lake Stevens, WA 98258
Frequently Asked Questions
What type of property is this?
Coffee shop - Brand-new build-to-suit Starbucks with a 10-year NNN lease, delivering January 2023 and opening to the public in March.
Where is this coffee shop located?
The property is located at 2948 90th Ave NE Lake Stevens, WA.
What are key features of this property?
This property features: Brand‑new build‑to‑suit Starbucks with a 10‑year NNN lease; Lease set to commence in early 2023; Expected delivery to the tenant in January 2023
