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Stanwood Cinema Pavilion 6996 265th St NW 4,800 SF 100% Leased Retail Building Stanwood, WA 98292 $2,328,507 CAD ($485.11 CAD/SF) 7.06% Cap Rate

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Executive Summary

This is a prime opportunity to acquire a stabilized commercial asset in the heart of Stanwood. Featuring a reliable long-term tenant and a 7% cap rate, this property is ideal for an investor seeking a passive, "turn-key" addition to their portfolio. 4800sft plus 1200sft additional seating space. Long-term lease in place, offering excellent stability and predictable cash flow. High-visibility commercial space in Stanwood, offering strong local foot traffic and excellent accessibility. This is a commercial condo.
Call Rachael Scott with questions

Property Facts

Sale Type

Investment

Sale Condition

1031 Exchange

Property Type

Retail

Property Subtype

Movie Theatre

Building Size

4,800 SF

Building Class

Year Built

1999

Price

$2,328,507 CAD

Price Per SF

$485.11 CAD

Cap Rate

7.06%

NOI

$164,365 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.02

Lot Size

5.66 AC

Zoning

GC, Snohomish

Parking

140 Spaces (29.17 Spaces per 1,000 SF Leased)

Frontage

230’ on 256th St NW

Major Tenants

Accommodation and Food Services
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e are the longest standing Mexican restaurant in Stanwood. Established in 2001 and we pride ourselves on our family atmosphere but also cultivating a great bar scene. To make a reservation, please call us at (360) 629-5052.