Se Connecter/S’inscrire
Votre courriel a été envoyé.
251 Marysville Mall
Marysville, WA 98270
Marysville Town Center · Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Grocery-Anchored, Seattle MSA: 239K SF center in fast-growing Marysville (+20% pop since 2010; incomes +17% by 2028).
- Vacancies Resolved: Rite Aid ? Fitness Compound; Big Lots ? Urban Air (both 10-year deals).
- Mark-to-Market: Multiple tenants well below market (e.g., Safeway, Burlington, JC Penney, Staples).
- Safeway Secured: Ground lease at $3.16/SF (below market) through 2037; rebranded in 2024.
- BECU Pad: 4,000 SF BTS at $50/SF NNN, 10-year term.
- Outparcel Upside: Prior pad sales; additional monetization ahead.
Résumé de l'annonce
Northmarq is pleased to present the exclusive opportunity to acquire Marysville Town Center, a 239,989 SF grocery-anchored shopping center located directly off Interstate 5
in Marysville, Washington, one of the fastest-growing cities in Snohomish County and the second-largest city in the county by population. The center is 99% occupied and anchored by Safeway, operating under a ground lease at $3.16/SF, well below market rate, with a lease running through April 2037. The location was converted from an Albertsons to a Safeway banner given its standing as a top 5 performing Albertsons store.
Two former junior boxes, previously occupied by Rite Aid and Big Lots, have been replaced with long-term NNN leases with The Fitness Compound and Urban Air, leading to a strong WALT of 10.7 Years. A new build to suit BECU pad is permitting a 10-year NNN lease in place at $50.00/SF. These newly executed leases establish junior box market rents in the ~$15/SF range, with several existing tenants paying well below that benchmark.
in Marysville, Washington, one of the fastest-growing cities in Snohomish County and the second-largest city in the county by population. The center is 99% occupied and anchored by Safeway, operating under a ground lease at $3.16/SF, well below market rate, with a lease running through April 2037. The location was converted from an Albertsons to a Safeway banner given its standing as a top 5 performing Albertsons store.
Two former junior boxes, previously occupied by Rite Aid and Big Lots, have been replaced with long-term NNN leases with The Fitness Compound and Urban Air, leading to a strong WALT of 10.7 Years. A new build to suit BECU pad is permitting a 10-year NNN lease in place at $50.00/SF. These newly executed leases establish junior box market rents in the ~$15/SF range, with several existing tenants paying well below that benchmark.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
172 298 pi²
Classe d’immeuble
B
Année de construction/rénovation
1988/1996
Revenu net d’exploitation
3 785 531 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Quais de chargement
2 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,26
Taille du lot
15,41 AC
Zonage
DC - Commercial au centre-ville
Stationnement
901 places (3,75 places par 1 000 pi² loué)
Façade
Commodités
- Enseigne sur pylône
- Affichage
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 18 692 458 $ CAD | |
| Évaluation du terrain | 12 239 937 $ CAD | Évaluation totale | 30 932 395 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
12 239 937 $ CAD
Évaluation des bâtiments
18 692 458 $ CAD
Évaluation totale
30 932 395 $ CAD
1 de 4
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
