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    1201-1425 Everett Mall Way Everett, WA 98208

    Sponsored
    For Lease
    $22 SF/Yr

    High-traffic retail center, multiple spaces available.

    Lot size:
    123,439 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This prime retail opportunity is located directly across from the Everett Mall, a bustling shopping destination. The Everett Mall Plaza offers 123,439 square feet of retail and restaurant space within a nine-building complex situated on a 42,253 square foot lot. Currently, there are 31,978 square feet of vacant space available, divisible into units ranging from 2,013 to 7,961 contiguous square feet. The property features seven total suites and boasts a high-visibility location with easy multi-point access and pylon signage. Built in 1985, the center benefits from a strong tenant mix, including established retailers and restaurants, creating a synergistic environment. The property enjoys an average daily traffic count exceeding 40,000 vehicles per day on Everett Mall Way. The C-1R zoning allows for a variety of retail uses. Property taxes are $5.08 per square foot. The APN is 28051800404300. This is a unique chance to establish a presence in a thriving retail area with significant foot traffic and strong anchor tenants. Space can be combined or divided to meet specific needs.

    Property Features for 1201-1425 Everett Mall Way

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    123,439 SF
    Total Rate
    226304.83

    Building Details

    Year Built
    1985
    Buildings
    9

    Unit(s) available at that property

    Space
    Available Space 5
    Size
    7,961 SF
    Rate per SF
    $22
    Space
    Available Space 2
    Size
    2,501 SF
    Rate per SF
    $24
    Space
    1000 SF
    Size
    1,000 SF
    Rate per SF
    $22
    Space
    2,013 Available
    Size
    2,013 SF
    Rate per SF
    $24

    HighLights

    • High‑visibility location directly across from Everett Mall.
    • Retail/Restaurant strip center and power center with multiple tenancies.
    • 123,439 total square feet, with 31,978 square feet currently vacant.
    • Spaces available ranging from 1,000 to 7,961 contiguous square feet; minimum divisible space is 2,013 square feet.
    • Located on Everett Mall Way, boasting over 40,000 vehicles per day.
    • Built in 1985, with nine buildings on a 42,253 square foot lot; zoned C‑1R, APN 28051800404300.
    Property Profile Location Intelligence

    Current Use by Public Records

    Everett Mall PLAZA Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.21365126887
    Latitude
    47.913954374442

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    FAQs

    What type of property is this?
    Power center - High-traffic retail center, multiple spaces available.
    Where is this power center located?
    The property is located at 1201-1425 Everett Mall Way Everett, WA.
    What is the lease rate?
    The lease rate is $22-$24 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location directly across from Everett Mall.; Retail/Restaurant strip center and power center with multiple tenancies.; 123,439 total square feet, with 31,978 square feet currently vacant.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201-1425 Everett Mall Way Everett, WA 98208
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