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Boston's 16918 Twin Lakes Ave 6,356 SF 100% Leased Retail Building Marysville, WA 98271 $974,988 CAD ($153.40 CAD/SF) 3.60% Cap Rate
Investment Highlights
- Heavy daily traffic
- Abundance of Parking
- Prime location and visibility from freeway
Executive Summary
This building is on a ground lease with 21 years remaining. 6356 sqft freestanding retail building in the Lakewood Crossing center with freeway visibility. Costco, Target, Best Buy are anchor tenants. An abundance of parking. Please do not disturb tenants or tenants' employees!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,356 SF
Building Class
B
Year Built
2008
Price
$974,988 CAD
Price Per SF
$153.40 CAD
Cap Rate
3.60%
NOI
$35,100 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.33 AC
Zoning
GC
Frontage
138’ on Twin Lakes Ave
Amenities
- Freeway Visibility
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 004828-000-008-01 | Improvements Assessment | $866,694 CAD |
| Land Assessment | $2,002,977 CAD | Total Assessment | $2,869,670 CAD |
Property Taxes
Parcel Number
004828-000-008-01
Land Assessment
$2,002,977 CAD
Improvements Assessment
$866,694 CAD
Total Assessment
$2,869,670 CAD
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Boston's | 16918 Twin Lakes Ave
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