Strip Mall

Mount Vernon, WA Strip Malls for Sale

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Neighborhood Shopping Center Anchored by Grocery Outlet
Updated: Jul 28
Neighborhood Shopping Center Anchored by Grocery Outlet

525 E College Way, Mount Vernon, WA 98273

$15,550,000
100,155 sqft
100,155 SF neighborhood shopping center 98% occupied
Anchors: Grocery Outlet and Ross Dress for Less represent 41% of GLA
Inline tenants across main building and two adjacent strip centers
Approximately 38,695 VPD along East College Way with direct I‑5 visibility and access
Staggered lease expirations intended to minimize rollover risk
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Vernon, 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.

Multi-Tenant Retail Strip Building
Multi-Tenant Retail Strip Building

6408 Latona Ave NE, Seattle, WA 98115

$1,850,000
4,140 sqft 0.13 AC lot

A multi-tenant retail building currently housing four businesses on a 5,465 sq ft lot.

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Three-Tenant NNN Strip Center
Three-Tenant NNN Strip Center

12930 Pacific, Lakewood, WA 98499

$940,000
5,192 sqft

Fully leased retail center with service-oriented occupants, CPI-based annual escalations, and on-site parking.

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South Seattle Retail Investment Opportunity
South Seattle Retail Investment Opportunity

4850 37th Ave S, Seattle, WA 98118

$2,200,000
5,326 sqft

Multi-tenant retail strip center in Columbia City neighborhood.

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Fully Occupied Retail Strip Investment
Fully Occupied Retail Strip Investment

12134 Pacific Hwy SW, Lakewood, WA 98499

$1,097,000

Three-unit retail strip on Pacific Highway with NNN leases.

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Mount Vernon, WA Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Mount Vernon, WA on our real estate platform. These investment opportunities span a total of 100,155 square feet of properties for sale, with an estimated market value of $15,550,000.

Sale prices for retail strips in Mount Vernon, WA average $15,550,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 6
Grocery and convenience stores 1
Shopping centers 1
Showrooms 1

Demographics Overview

Population 49K
Population Growth (5Y) +3.7%
Median Household Income $81,862
College Educated 40.6%

Taxes & Financing

Tax Rate (average for all types) 1.07%
Property Tax per SF $8.01 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mount Vernon fall within the 100,000+ square foot range.

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