Property profile

910 Burlington Blvd Burlington, WA 98233

OFF-MARKET
Retail space
Property ID
US90-0150442
14,955 SF 1 ac lot Built 1995
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 15,099 square foot retail shopping center in Burlington, WA, presents a compelling investment opportunity. Boasting 100% occupancy, the property features two prominent national tenants: Sherwin-Williams and Big 5 Sporting Goods. Sherwin-Williams, a Fortune 500 company, recently signed a new 10-year net lease with built-in rent increases. Big 5 Sporting Goods, a Nasdaq-listed company, has occupied the space since 1994 and recently exercised a 5-year lease extension. The property sits on a one-acre lot at a high-traffic intersection on Burlington Blvd, exceeding 22,000 vehicles daily, offering excellent visibility and accessibility. Built in 1994, this single-story building is situated on a hard corner pad site adjacent to a busy Fred Meyer Center, benefiting from significant foot traffic and regional draw. The asking price is $4,360,000, representing a compelling 6.24% cap rate and a price per square foot of $288.76. This stabilized investment offers long-term lease security with strong, creditworthy tenants and significant upside potential. The property's prime location and established tenancy make it an ideal addition to any portfolio. APN: P23561.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Total area 14,955 SF
Lot 1 ac (43,560 SF)
APN 8013-000-001-0000
UPID US90-0150442

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Department Store

Location

910 Burlington Blvd Burlington, WA 98233-3310
Burlington metro Census 951800 MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.95M
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.93M

Owner & transaction history

since 2026
3 recorded transactions
2026
$4.1M
1999
$2.2M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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