3532 Broadway, Everett, WA 98201-5026

This exceptional investment opportunity presents a fee-simple ownership of a thriving convenience store and gas station located at 3532 Broadway, Everett, WA 98201, within the Seattle MSA. The property boasts a 2,399 square foot building situated on a 0.55-acre lot. Currently operating under a 20-year absolute NNN lease with United Pacific | Apro, LLC, a corporate guarantor, the lease commenced July 1, 2015, and expires June 30, 2035, leaving a substantial 10.6 years remaining. The lease includes attractive 7.5% rent bumps every five years and three 5-year lease options. The property generates a strong net operating income (NOI) of $115,809, resulting in a compelling 5.50% cap rate. The property benefits from its location on a main retail thoroughfare with approximately 192,000 vehicles passing daily, providing excellent visibility and accessibility. Its proximity to I-5 and a minor league baseball stadium further enhances its strategic position within a top metropolitan statistical area (MSA). This is a truly passive investment opportunity with zero landlord responsibilities, offering significant long-term value and potential for appreciation in a tax-free state. The asking price is $2,110,000. 100% occupancy ensures consistent cash flow.