9004 Vernon Lake Stevens, WA 98258

Building Details

Year Built

2015

Listing office Kidder Mathews

Listing date Jan 9, 2026

Source Century21northhomes

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All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews

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Investment Insights

Based on property information with market context.

This single-tenant NNN retail property is leased directly to Petco Animal Supplies Stores, Inc. and totals 11,550 square feet. The asset features a newly executed 10-year lease extension and includes scheduled rent increases every five years, providing predictable income growth with minimal landlord expense exposure.

The property is located in Lake Stevens, Washington, positioned along State Route 204, the primary east-west arterial connecting Lake Stevens to Everett and the I-5 corridor. It also has close proximity to State Route 9. The surrounding retail mix includes national retailers such as Safeway, Target, and Ace Hardware.

Key Highlights

• 11,550 SF single‑tenant NNN retail property leased to Petco Animal Supplies Stores, Inc.
• Newly executed 10‑year lease extension with the corporate operating entity operating over 1,500 locations nationwide.
• Scheduled rent increases every 5 years for predictable income growth.

Property Analytics

Location Intelligence

FAQs

What type of property is this?

NNN property - Single-tenant NNN retail property leased to Petco with a newly executed 10-year lease extension and scheduled rent increases.

Where is this nnn property located?

The property is located at 9004 Vernon 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: 11,550 SF single‑tenant NNN retail property leased to Petco Animal Supplies Stores, Inc.; Newly executed 10‑year lease extension with the corporate operating entity operating over 1,500 locations nationwide.; Scheduled rent increases every 5 years for predictable income growth.