Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    North Marysville Junior Anchor Space Title is generated by Realmo AI

    9620 State Ave, Marysville, WA 98270

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space next to Grocery Outlet in rapidly growing area.

    Type:Retail
    Added:
    Nov 4, 2019
    Days on Market:
    2402
    Last Refresh:
    May 19 at 11:39 pm

    Property Features for 9620 State Ave

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1973

    Spaces For Lease

    at 9620 State Ave Contact us

    We can help!

    Listing Contact
    Tiffini Connell
    Tiffini Connell

    Listing agent Tiffini Connell License #WA 18739

    Listing office West Coast Commercial Realty

    Listing date Nov 4, 2019

    Source Crexi

    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 West Coast Commercial Realty

    HighLights

    • Prime location next to Grocery Outlet
    • Excellent opportunity to share space with a robust regional tenant
    • Ample parking available
    • High visibility
    • Easy access
    • Situated in a rapidly growing area close to I‑5

    Overview

    This commercial real estate is a junior anchor space located in North Marysville, next to a Grocery Outlet. The property features ample parking, high visibility, and easy access. It is situated in a rapidly growing area north of 88th Street and is conveniently close to I-5. The property presents an opportunity to share space with a regional tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Costless Warehouse Furniture & Home Goods

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1742064
    Latitude
    48.0829909

    Nearby Similar for Lease

    • $594/Mo
      396 SF

      Remodeled Retail Space For Rent

      Remodeled 396 SF commercial space with high traffic exposure.
      1062 State Ave, Marysville, WA 98270
      View Details
    • $7,338/Mo
      6,326 SF

      Marysville Flex Space For Rent

      Flex space featuring warehouse and office components available for lease.
      3511 136th St NE, Marysville, WA 98271
      View Details
    • $2,035/Mo
      997 SF

      Retail Space in Marysville, WA

      997 SF corner unit with high-traffic exposure available for lease.
      9501 State Ave, Marysville, WA 98270
      View Details
    • $6,400/Mo
      2,400 SF

      Retail Space Near Interstate 5

      Retail space available near Seattle Premium Outlets and Tulalip Casino.
      3701 88th St NE, Marysville, WA 98270
      View Details
    • $1,772/Mo
      1,181 SF

      Remodeled Retail Space, High-Traffic Location

      Newly remodeled commercial space with high visibility in Marysville, WA.
      1062 State Ave, Marysville, WA 98270
      View Details
    • $13,614/Mo
      13,614 SF

      North Marysville Junior Anchor Space

      Prime retail space next to Grocery Outlet in North Marysville.
      9620 State Ave, Marysville, WA 98270
      View Details
    • $2,600/Mo
      1,300 SF

      Equipped Massage Clinic Space Available

      Ready-to-go massage clinic or office space for lease.
      1110 5th St NE, Marysville, WA 98270
      View Details
    • $598/Mo
      315 SF

      Professional Office Space Available

      Flexible office suites for growing businesses, great value, prime location.
      1106 Columbia Ave, Marysville, WA 98270
      View Details
    • $775/Mo
      336 SF

      Professional Office Space Available

      Flexible, private office suites suitable for growing businesses.
      1106 Columbia Ave, Marysville, WA 98270
      View Details
    • $665/Mo
      293 SF

      Professional Office Space Available

      Flexible office suites for growing businesses. Great value!
      1106 Columbia Ave, Marysville, WA 98270
      View Details
    • $680/Mo
      370 SF

      Professional Office Space Available

      Flexible office suites with shared reception lobby for rent.
      1106 Columbia Ave, Marysville, WA 98270
      View Details
    • $4,800/Mo
      2,400 SF

      Retail Space on State Avenue

      End-cap retail space with high visibility and pylon signage.
      912 State Ave, Marysville, WA 98270
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space next to Grocery Outlet in rapidly growing area.
    Where is this retail space located?
    The property is located at 9620 State Ave Marysville, WA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Prime location next to Grocery Outlet; Excellent opportunity to share space with a robust regional tenant; Ample parking available
    (206) 283-5212 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tiffini Connell
    Tiffini Connell
    Real Estate License ID: WA 18739
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9620 State Ave, Marysville, WA 98270
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!