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Fully Occupied Retail Center
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3405 172nd St NE, Arlington, WA 98223

Corporate Taco Time anchors the center after 25 years of occupancy.

Property SizeContact for details
Days on Market144

Property Features for 3405 172nd St NE

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Taco Time
Traffic Count 34,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 11:15PM

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 fully occupied shopping center is positioned as a retail asset with an established anchor tenant. Corporate Taco Time has maintained occupancy at the property for 25 years, providing a long operating history within the center’s tenant mix.

The property is located along 172nd Street NE, just off Interstate 5 in Arlington, Washington. The surrounding retail area records daily traffic counts exceeding 34,000 VPD, and the center serves a trade area that has experienced substantial commercial and residential development.

Key Highlights

  • Fully occupied retail center
  • Corporate Taco Time anchor with 25‑year occupancy history
  • Located just off Interstate 5 along 172nd Street NE

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,294
Businesses Nearby
515k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 25% Superstores 20% Electronics 7%
Walmart Superstores
101,554 visits/mo 0.5 miles
McDonald's Dining
31,493 visits/mo 0.1 miles
DICK'S Sporting Goods Apparel
28,303 visits/mo 0.5 miles
Taco Bell Dining
23,441 visits/mo 0.5 miles
Wendy's Dining
23,288 visits/mo 0.2 miles

Demographics for 98223, WA

45,139
Population
18,224
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
316.2 sq mi
ZIP Area
143
Density / Sq Mi
$96,478
Median Household Income
$52,487
Median Earnings
$1,780
Median Rent
$556,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Corporate Taco Time anchors the center after 25 years of occupancy.
Where is this shopping center located?
The property is located at 3405 172nd St NE Arlington, WA.
What are key features of this property?
This property features: Fully occupied retail center; Corporate Taco Time anchor with 25‑year occupancy history; Located just off Interstate 5 along 172nd Street NE
More about this property
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