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.

Date on Market:

2026-07-27

Friday Harbor Retail for Sale

Date on Market:

2026-07-08

Anacortes Portfolio of properties for Sale

Quantum Business Park is a well-maintained, multi-building industrial investment opportunity in Anacortes, Washington, offering investors durable in-place cash flow with clear mark-to-market upside. The property totals 41,899 SF across six buildings and is fully leased on NNN terms, supported by an average in-place rent of $13.17/SF and contractual annual increases of up to 5% annually across the rent roll. With immediate access to State Route 20 and a location in a supply-constrained coastal market, the asset benefits from strong occupier demand and high barriers to new development. The business park pairs current income stability with long-term upside. The tenant roster is diversified across multiple occupants, while underwriting supports a step-up in annual NOI to $586,973 against a market rent assumption of $15/SF. For investors seeking a functional, income-producing industrial asset with dependable cash flow and value preservation potential, Quantum Business Park presents a compelling opportunity in a tightly held Northwest market.

Date on Market:

2026-06-05

Bellingham Retail for Sale - Fairhaven

This is a true 8% Cap Rate based on actual #s. This reflects the single unit currently vacant plus we deducted an additional 5% vacancy rate on top of that just to keep the underwriters happy. Or, you can assume the underlying mortgage (approx $1.28M) at 4.125% FIXED for the next 5 years. That is cheap money! Don't miss this chance to own a piece of historic downtown Fairhaven. 8 street-level commercial/retail condos split between the Waldron & Young Buildings encompassing Finnegan's Alley. Multiple addresses. 91.5% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 8% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-05-18

Bellingham Retail for Sale - Downtown Bellingham

Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale the #1 ranked Jiffy Lube in Bellingham, WA; ranked in the top 16% of all Jiffy Lube locations nationally (per Placer.ai). The property has been secured by an absolute net lease with zero landlord responsibilities since 2004 and has more than 6 years remaining on a 10-year lease extension signed in 2022, with rare 3% annual rent increases. With a current rent of just $16.88/SF NNN — well below the $30+/SF NNN market rate for quick lube properties — the investment offers low operating cost for the tenant significant future rental upside for the landlord. The property is operated by Team Car Care, the largest Jiffy Lube franchisee in the US with 550+ locations nationwide. Originally built as a quick lube facility in 1965, the site has operated successfully as a Jiffy Lube for more than 20 years, with Team Car Care acquiring operations in 2022 and demonstrating continued long-term commitment to the location. Situated at the signalized hard corner of Cornwall Ave and Champion Street (10,600+ VPD) in downtown Bellingham, the property offers prominent signage and easy ingress and egress from both streets. The surrounding trade area includes 155,000+ residents within 10 miles with average household incomes exceeding $102,000, supported by approximately 7% population growth since 2020 — making Bellingham one of the fastest-growing secondary markets in Washington. Prime investment opportunity!

Property Subtype:

Auto Repair

Date on Market:

2026-04-21

Mount Vernon Office for Sale

Downtown Mount Vernon Office | Leased | Covered Parking | Future Redevelopment Well-located office building in the heart of downtown Mount Vernon, offering 2,961 SF of professional office space on a 6,068 SF lot, zoned Central Business (C-1A). Currently occupied by established law Firms, providing in-place income. The property includes approximately 3,096 SF of parking, a rare asset in the downtown core, and enjoys excellent visibility with scenic views of the Skagit River waterfront. The layout is well-suited for continued professional office use. Located within the downtown waterfront influence area, this site benefits from proximity to the Riverwalk Promenade, public parks, dining, and civic amenities. C-1A zoning allows for a wide range of commercial and mixed-use opportunities, aligning with the City’s long-term vision for increased density and river-oriented redevelopment. An attractive opportunity for investors seeking stable income today with future upside potential. cap rate is pro forma Prime investment opportunity!

Date on Market:

2026-03-05

Coupeville Office for Sale

Perfectly situated in the heart of downtown Coupeville with prime exposure near State Route, this superior commercial complex offers over 28,000 sq. ft. of space and 30 unique units, currently home to 25 businesses. Built between 2001-2005, the property boasts a strong rental history, several long-term tenants, and an attractive cap rate. Currently self-managed, it presents an exceptional investment opportunity for any portfolio. Just minutes from the county seat, hospital district, and historic downtown, this is a rare chance to own a high-performing property in a thriving location you won't want to miss! **DEVELOPMENT IS NOW 100% OCCUPIED**

Date on Market:

2024-09-18