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Property profile & analytics
OFF-MARKET Estimated value $8,535,000
Outlet malls

199 Cascade Mall Dr Burlington, WA 98233-3251

87,836 SF 7.12 ac lot Built 1992
Entity Owned Free & Clear
Property ID
US90-0612771
Property summary
AI-generated overview

Cross Court Plaza, located at 199 Cascade Mall Dr in Burlington, Washington, presents a prime retail leasing opportunity. This multi-tenant commercial property, built in 1993, comprises two buildings totaling 70,260 square feet. Currently, a single, contiguous space of 2,900 square feet is available for lease, ideal for a variety of retail businesses. The property is situated in Skagit County, WA, zip code 98233, offering excellent visibility and accessibility. The property's location provides convenient access for customers and employees alike. The existing buildings are well-maintained and offer ample space for retail operations. This presents a unique chance to establish or expand a business within a thriving commercial center. The property's size and location make it suitable for a range of retail concepts. Interested parties are encouraged to inquire about lease terms and conditions. The 2,900 square foot space offers a blank canvas for a business to create a unique and impactful retail presence. This is a rare opportunity to secure a prominent retail space in a well-established commercial center in Burlington, Washington. The property's location within Skagit County ensures a strong customer base and convenient access to major transportation routes.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1992
Total area 87,836 SF
Lot 7.12 ac (309,973 SF)
APN 340406-0-128-0015
UPID US90-0612771
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pizza Hut Express Restaurant
  • Starbucks Cafe & Coffee Shop
  • Target Grocery Grocery & Convenience Store Food Market
  • Target Department Store
  • Cross Court Plaza Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.41M
Comparable Approach Comparable
$5.28M
Blend (final) Blend
$8.54M
Owner & transaction history
TARGET CORPORATION T0696
TARGET CORPORATION T0696
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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