Walgreens | 8+yrs Corp Abs NNN - 404 State Ave

Marysville, WA 98270

• NNN Property
• Retail for Sale
• $5,456,880 CAD
• 17,780 SF

Marysville Retail for Sale - N Snohomish County

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Walgreens investment property located in Marysville, Washington (Seattle MSA). The tenant has approximately 8 years remaining with 11 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases at the beginning of every other option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Founded in 1901, Walgreens proudly serves more than 9 million customers and patients each day across its nearly 8,000 stores throughout the U.S. and Puerto Rico.

Contact:

SRS National Net Lease

Date on Market:

2026-07-27

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4733 Brooklyn Ave

Seattle, WA 98105

• NNN Property
• Retail for Sale
• $4,134,000 CAD
• 2,369 SF

Seattle Retail for Sale - Ballard/U Dist

4733 Brooklyn Ave NE is a prime mixed-use development opportunity located in Seattle's highly desirable University District, offering investors the ability to capitalize on one of the city's most active and supply-constrained urban markets. The property occupies approximately 4,154 square feet of land and benefits from SM-U 75-240 (M1) zoning, allowing for high-density residential and commercial development. Positioned just blocks from the University of Washington, University Way ("The Ave"), and the U-District Light Rail Station, the site is supported by exceptional pedestrian activity, strong transit connectivity, and sustained demand driven by students, professionals, and surrounding employment centers. The property is currently leased, providing interim income while investors pursue future redevelopment or entitlement opportunities. Its strategic location, flexible zoning, and proximity to major institutional and commercial anchors make it well suited for long-term value creation. 4733 Brooklyn Ave NE presents a compelling investment opportunity by combining current income with significant redevelopment potential in one of Seattle's most established and rapidly evolving urban neighborhoods.

Contact:

eXp Realty

Property Subtype:

Freestanding

Date on Market:

2026-06-29

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Walgreens - 2205 Broadway Ave

Everett, WA 98201

• NNN Property
• Retail for Sale
• $6,958,900 CAD
• 13,896 SF

Everett Retail for Sale - Everett CBD

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale a corporate guaranteed absolute net Walgreens located in rapidly growing Everett, WA. The Property features an attractive assumable loan at roughly 85% LTV, fixed until March, 2029 at 5.19% interest only, resulting in a 27.60% cash-on-cash return. This location boasts strong historical store sales north of $3,000,000/year and has experienced an increase in sales and prescriptions after the recent closing of the Bartell Drugs (Rite Aid) location roughly 0.3 miles to the north. The Property is strategically located at a signalized hard corner with four ingress/egress points and a drive-thru. The location is roughly a 10 minute drive from Paine Field, an international airport with total economic impact/business revenue of nearly $60 billion annually and 158,227 jobs (direct and indirect, per Snohomish County). The Property is less than 5 minutes away from The Commons Naval Station Everett (NSE), the home port of Carrier Strike Group 11, claimed “as the single most powerful mobile force in the world,” and home to approximately 6,000 Navy personnel. Within a 5-mile radius there are over 121,000 residents with average household incomes in excess of $116,000/year. Since 2010, the surrounding area has grown by over 18%.

Contact:

Marcus & Millichap

Property Subtype:

Drug Store

Date on Market:

2026-05-04

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Free Standing Jack In the Box in Des Moines - 22633 Marine View Dr S

Des Moines, WA 98198

• NNN Property
• Retail for Sale
• $5,512,000 CAD
• 2,397 SF

Des Moines Retail for Sale - SeaTac/Burien

This offering presents a rare opportunity to acquire a 100% leased, single-tenant retail asset occupied by Jack in the Box, Inc. in the highly accessible and densely populated submarket of Des Moines. The ±2,397 SF building is situated on ±23,630 SF of land at the intersection of Marine View Drive and S 227th Street, benefiting from excellent visibility and proximity to Des Moines Marina and Seattle-Tacoma International Airport, along with limited fast-food competition in the immediate area. The property features a long-term lease through November 2029, with four 5-year renewal options and CPI-based rent escalations, providing stable cash flow within the growing Puget Sound corridor. Investment Thesis: Dense, infill suburban market with stable consumer demand Supply-constrained retail environment supporting long-term rent growth Strong traffic drivers (Airport, Marina, commuter corridors) Limited direct fast-food competition ? high tenant sustainability

Contact:

Dbw Private Brokerage Llc

Property Subtype:

Fast Food

Date on Market:

2026-04-16

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Woods Cafe - 10318 Evergreen Way

Everett, WA 98204

• NNN Property
• Retail for Sale
• $2,618,200 CAD
• 671 SF

Everett Retail for Sale - S Everett/Harbor Point

Kidder Mathews is pleased to present the opportunity to acquire a newly constructed, drive-thru–oriented Woods Coffee located in Everett, Washington. This high-quality asset is part of a dynamic new retail development that also features a Sonic Drive-In and Quick Quack Car Wash on adjacent parcels, creating a strong complementary tenant mix and consistent consumer draw. Strategically positioned at a signalized intersection with strong traffic counts, the property benefits from excellent visibility, accessibility, and exposure to daily commuter flow. The offering is further enhanced by long-term, triple-net (NNN) lease structures with both Woods Coffee and Quick Quack Car Wash, providing investors with stable, passive income and minimal landlord responsibilities.

Contact:

Kidder Mathews

Date on Market:

2026-04-13

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Walgreens - 28817 Military Rd S

Federal Way, WA 98003

• NNN Property
• Retail for Sale
• $5,904,730 CAD
• 14,238 SF

Federal Way Retail for Sale - Federal Way/Auburn

Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale a 5+ Year Absolute NNN Walgreens in Federal Way, WA (Seattle-Tacoma MSA). The property has 5+ years remaining on an absolute NNN lease and six, 5-year renewal options. The lease is corporately guaranteed by Walgreens Boots Alliance, Inc, now owned by Sycamore Partners, which manages over $11B in committed capital. Walgreens has occupied this location since 2004 (21+ years) and benefits from no pharmacy competition within 2 miles. The property is shadow anchored by a top 10% ranked Safeway grocery store (910,000+ annual visits) and adjacent Valley Harvest International Market (500,000+ annual visits), driving strong and diverse traffic flow. Situated at the signalized intersection of Military Road S and S 288th Street, the property benefits from over 33,000 vehicles per day with excellent visibility and access. The area demographics are robust with approximately 230,000 residents within five miles and average household incomes exceeding $100,000. The rent increases 13% in 2031 in the next lease renewal option, boosting investor returns to an attractive 9.90% cap rate.

Contact:

Marcus & Millichap

Property Subtype:

Drug Store

Date on Market:

2026-02-18

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3321 184th St SW

Lynnwood, WA 98037

• NNN Property
• Retail for Sale
• $8,130,200 CAD
• 3,833 SF

Lynnwood Retail for Sale - Edmonds/Lynnwood

Kura Sushi presents an exceptional investment opportunity, benefiting from a new 15-year absolute net lease. Located in an unparalleled location across the street from Alderwood Mall, this offering includes contracted rental increases and is backed by a strong credit tenant. The property features a fully remodeled free-standing pad building, shadow anchored by H-Mart grocery.

Contact:

Newmark

Property Subtype:

Freestanding

Date on Market:

2026-01-22

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NWC 132nd Street SE & 16th Avenue SE

Everett, WA 98208

• NNN Property
• Retail for Sale
• $3,771,368 CAD
• 2,700 SF

Everett Retail for Sale - S Everett/Harbor Point

This property, located at the northwest corner of 132nd Street SE and 16th Avenue SE in Everett, Washington, is a ~3,000 square-foot building on approximately 0.43 acres of land. Built in 2023, it is leased to JPMorgan Chase Bank, N.A. under a 15-year absolute NNN ground lease with 10% rent increases every five years.

Contact:

Kidder Mathews

Property Subtype:

Bank

Date on Market:

2026-01-06

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