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Everett Retail Opportunity
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8530 Evergreen Way, Everett, WA 98208

Former Fred Meyer available for sublease in Everett, Washington.

Space Size180,472 SF
Days on Market294

Property Features for 8530 Evergreen Way

General Information

Standard status Active
Size 180,472 SF
Property subtype Retail

Building Details

Building Size 180,472 SF
Year Built 1975

Spaces For Lease

at 8530 Evergreen Way Contact us

Entire Building (Sublease)

Size
180,472 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Leibsohn & Company
Listed By: Royce Cottle · License #WA 73374
Source: Leibsohn
Added: Nov 23, 2025 Changed: Sep 12 Last Checked: Sep 13 at 5:27AM

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 Leibsohn & Company

Investment Insights

Based on property information with market context.

Located at the intersection of Evergreen Way and East Casino Rd. in Everett, Washington, this property was formerly a Fred Meyer Grocery Store. The property is available for sublease or other proposals. Everett is located in Snohomish County, approximately 30 miles north of Seattle, and is considered part of the Seattle metropolitan area. The City of Everett has a population of approximately 111,500 residents. Its economy is anchored by The Boeing Company’s ten million square foot aircraft manufacturing facility, as well as technology, healthcare, and maritime sectors. Everett is home to the Port of Everett, which supports shipping and naval operations. The property includes 14 acres, a 180,472 square foot building with 2 dock doors, a 4,735 square foot garden center, and 525 shared surface parking stalls.

Key Highlights

  • Large 180,472 SF building suitable for various uses.
  • Prime location at the intersection of Evergreen Way and East Casino Rd. in Everett, WA.
  • Significant acreage: 14 acres of land.

Property Analytics

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Current Use

Fred Meyer Pharmacy Pharmacy HairMasters Hair Salon Fred Meyer Grocery & Convenience Store SNOWFOX Sushi Take-out & Catering Additech Gas Station

Suggested Use

Top Pick Electrical Service Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher HVAC Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
2,247 visits/mo 0.5 miles

Demographics for 98208, WA

60,019
Population
22,534
Households
2.7
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
15.2 sq mi
ZIP Area
3,949
Density / Sq Mi
$102,546
Median Household Income
$53,626
Median Earnings
$1,859
Median Rent
$641,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • Target Grocery 405 SE Everett Mall Way, Everett, WA 98208
  • Evergreen Asian Market 7815 Evergreen Wy, Everett, WA 98203
  • Safeway 7601 Evergreen Wy, Everett, WA 98203

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former Fred Meyer available for sublease in Everett, Washington.
Where is this grocery and convenience store located?
The property is located at 8530 Evergreen Way Everett, WA.
What are key features of this property?
This property features: Large 180,472 SF building suitable for various uses.; Prime location at the intersection of Evergreen Way and East Casino Rd. in Everett, WA.; Significant acreage: 14 acres of land.
More about this property
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