24015 Van Ry Blvd Mountlake Terrace, WA 98043
Terrace Station in Mountlake Terrace, WA (zip code 98043, located at 24015 Van Ry Blvd), offers exceptional retail opportunities within a thriving mixed-use development. Three spaces are currently available, ranging from 1,271 to 6,173 square feet, perfect for a variety of retail concepts. This transit-oriented development (TOD) benefits from the recently opened Terrace Station Light Rail Station, ensuring high visibility and accessibility. The development boasts over 90,000 square feet of retail space, anchored by established businesses including Zeeks Pizza, IRG Physical Therapy, Hopua Bottle Shop, and Sky Zone, alongside the successful Evergreen Academy. The property features ample parking with 412 spaces. One restaurant space, totaling 3,540 square feet, includes a significant 1,600-square-foot outdoor patio with south and west-facing garage roll-up doors overlooking a greenbelt. The building offers first-generation warm shell spaces with cash allowances available. The surrounding area shows strong growth, with the residential components of the development fully leased within four months. This prime location presents a unique chance to establish a business in a vibrant and rapidly growing community. The high foot traffic generated by existing tenants and the light rail station makes this an ideal location for businesses seeking high visibility and a strong customer base. Contact us today to learn more about these exceptional retail spaces.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.