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    Lake Stevens, WA NNN Properties for Sale

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    NNN Leased Petco in Washington
    Updated: Feb 20
    NNN Leased Petco in Washington

    9004 Vernon Rd, Lake Stevens, WA 98258

    $4,380,000
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    9004 Vernon Rd, Lake Stevens, WA 98258

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    • Est. Cap Rate

      3.7%
      NOI ÷ price

    • Est. NOI

      $163K
      Annual

    • Mortgage

      $750K
      Sep 2016

    • Last Sold

      Jul 2016
      $4.75M

    • Property Type

      Retail Stores
      Built 2016
    View Property Analytics
    Single-Tenant NNN Retail Building
    Updated: Jan 9
    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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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Historic Snohomish NNN Investment Property
    Historic Snohomish NNN Investment Property

    1118 1st St, Snohomish, WA

    $2,750,000
    0.07 AC lot

    100% leased, four-tenant NNN property in historic downtown Snohomish.

    View details
    Commercial Building For Sale
    Commercial Building For Sale

    6996 265th St NW, Stanwood, WA 98292

    $1,600,000
    4,800 sqft

    4,800 square foot commercial building occupied by a tenant.

    View details
    Historic Snohomish NNN Investment Property
    Historic Snohomish NNN Investment Property

    1118 1st Street, Snohomish, WA 98290

    $2,750,000
    0.07 AC lot

    100% leased, four-tenant NNN property in historic downtown Snohomish.

    View details
    Commercial Asset in Stanwood
    Commercial Asset in Stanwood

    6996 265th St NW #101, Stanwood, WA 98292

    $1,700,000

    Stabilized commercial property with long-term tenant and high visibility.

    View details

    Lake Stevens, WA Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Lake Stevens, WA 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 $9,130,000.

    Sale prices for triple net lease properties in Lake Stevens, WA start at $4,380,000, averaging $4,565,000, and reaching up to $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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