9004 Vernon Rd Lake Stevens, WA 98258
Single tenant Petco in Lake Stevens with new 10-year extension.
Property Features for 9004 Vernon Rd
General Information
- Standard status
- Active
Building Details
- Year built
- 2015
Source:
Corcoran
Listing Agency: KIDDER MATHEWS Listing Agent: Kevin Verger
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Petco NNN Property For Sale
This is a single-tenant, net-net-net (NNN) Petco property for sale, located in Lake Stevens, Washington. The property has a newly executed 10-year lease extension. The 11,550-square-foot property is leased directly to Petco Animal Supplies Stores, Inc., a corporate operating entity with over 1,500 locations nationwide. The lease includes scheduled rent increases every five years, offering predictable income growth with minimal landlord expense exposure. The property is strategically positioned within a high-barrier-to-entry retail corridor, offering excellent visibility and access along State Route 204, the primary east-west arterial connecting Lake Stevens to Everett and the I-5 corridor. It is also in close proximity to State Route 9, the area’s dominant north-south highway. The site is surrounded by strong.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Lake Stevens
- County
- Snohomish
- State
- Washington
- Longitude
- -122.1093111
- Latitude
- 48.0024577
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FAQs
What type of property is this?
Retail space - Single tenant Petco in Lake Stevens with new 10-year extension.
Where is this retail space located?
The property is located at 9004 Vernon Rd Lake Stevens, WA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: - Single tenant NNN lease to Petco Animal Supplies Stores, Inc.; - Newly executed 10-year lease extension; - Scheduled rent increases every 5 years
