8500 Evergreen Way Everett, WA 98208

Building Details

Year Built

1976

Listing agency FIRST WESTERN PROPERTIES - TACOMA, INC. j***@firstwesternproperties.com Show Phone

Listed by JAMESON SULLIVAN

Source Corcoran

Added: May 15 Updated: Jul 21 at 4:25AM Checked: Jul 21 at 4:25AM

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Investment Insights

Based on property information with market context.

This fully remodeled drive-thru QSR investment is currently leased to El Molino Mexican Cocina Tortilleria. The property includes a drive-thru operational layout and is described as having strong visibility within a dense retail corridor. Public remarks indicate 3% annual rent increases, and that the lease includes a fair market value renewal option in 2032, with the operator providing a personal guarantee.

The asset is located at 8500 Evergreen Way in Everett, Washington, on high-traffic Evergreen Way. Public remarks also note positioning among national tenants and significant daily traffic counts.

The asking information is presented as an investment opportunity for an acquired property with a current lease in place and defined rent escalation features per the public remarks.

Key Highlights

• Fully remodeled drive‑thru QSR investment leased to El Molino Mexican Cocina Tortilleria under a personal guarantee
• Year built: 1976
• Located on high‑traffic Evergreen Way in Everett

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FAQs

What type of property is this?

Drive through restaurant - Fully remodeled drive-thru restaurant investment is leased to El Molino Mexican Cocina Tortilleria under a personal guarantee.

Where is this drive through restaurant located?

The property is located at 8500 Evergreen Way Everett, WA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Fully remodeled drive‑thru QSR investment leased to El Molino Mexican Cocina Tortilleria under a personal guarantee; Year built: 1976; Located on high‑traffic Evergreen Way in Everett