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    Lake Stevens, WA
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    Lake Stevens, WA NNN Properties for Sale

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    Single-Tenant NNN Retail Building
    Updated: Nov 23, 2025
    Single-Tenant NNN Retail Building

    9004 Vernon, Lake Stevens, WA 98258

    $4,750,000
    11,550 sqft
    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.
    Located on State Route 204, the primary east‑west arterial connecting Lake Stevens to Everett and I‑5.
    Close proximity to State Route 9, the area's dominant north‑south highway.
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    This listing looks promising.

    Here's a quick look at some key insights for

    9004 Vernon, Lake Stevens, WA 98258

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $163K
      Annual

    • Mortgage

      $750K
      Sep 2016

    • Last Sold

      Jul 2016
      $4.75M

    • Property Type

      Retail Stores
      Built 2016
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    NNN Leased Petco in Washington
    Updated: Feb 20
    NNN Leased Petco in Washington

    9004 Vernon Rd, Lake Stevens, WA 98258

    Contact for pricing
    11,550 sqft
    NNN Lease to Petco Animal Supplies Stores, Inc. (Corporate Operating Entity with 1,500+ Locations Nationwide)
    Newly Executed 10‑Year Lease Extension
    Scheduled Rent Increases Every 5 Years
    Strategic Location in High‑Barrier‑to‑Entry Retail Corridor with Excellent Visibility and Access
    Surrounded by Strong National Retailers (Safeway, Target, Ace Hardware)
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    Build-to-Suit Coffee Shop NNN
    Build-to-Suit Coffee Shop NNN

    2948 90th Ave NE, Lake Stevens, WA 98258

    Contact for pricing

    Brand-new build-to-suit Starbucks with a 10-year NNN lease, delivering January 2023 and opening to the public in March.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Stevens, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use NNN Redevelopment Site
    Mixed-Use NNN Redevelopment Site

    2201-2213 Everett Ave, Everett, WA 98201

    Contact for pricing
    18,000 sqft 0.78 AC lot

    Four-parcel assemblage with monument signage, 250 feet of Everett Avenue frontage, and existing NNN improvements leased through 2028–2030.

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    Leased Auto Parts Retail Property
    Leased Auto Parts Retail Property

    2202 Everett Ave, Everett, WA 98201

    Contact for pricing

    Advance Auto Parts in a modified triple-net lease with parking on the building’s west and north sides.

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    Free-Standing Restaurant with Absolute NNN Lease
    Free-Standing Restaurant with Absolute NNN Lease

    3321 184th St SW, Lynnwood, WA 98037

    Contact for pricing

    Fully remodeled freestanding restaurant building on an absolute NNN lease across from Alderwood Mall.

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    Lynnwood Raising Cane's Ground Lease
    Lynnwood Raising Cane's Ground Lease

    1232 164th St SW, Lynnwood, WA 98087

    Contact for pricing

    Corporate Raising Cane’s on 15-year absolute NNN ground lease.

    View details

    Lake Stevens, WA Nnn Properties Market Trends and Statistics

    Explore 3 nnn properties for sale in Lake Stevens, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 23,100 square feet of properties for sale, with an estimated market value of $4,750,000.

    Sale prices for triple net lease properties in Lake Stevens, WA average $4,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 52K
    Population Growth (5Y) +57.8%
    Median Household Income $120,571
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Lake Stevens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98258 $4.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $11.72 per SF
    Tax Rate vs County Average 0.29 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Lake Stevens fall within the 10,000 to 25,000 square foot range.

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