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Lakewood Pointe Pads

17317 27th Ave NE, Marysville, WA, 98271-4710, US

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Lakewood Pointe Pads_Property for Sale

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Asset Description

As exclusive advisor, JLL is pleased to offer the opportunity to acquire The Lakewood Pointe Pads (“the Property”), 100% occupied outparcels totaling 8,084 square feet located in the city of Marysville, WA. The Property was constructed in 2013 and is positioned off Interstate-5 (118,000 VPD) and directly adjacent to major national retailers such as Target, Costco, Dick’s Sporting Goods, and Best Buy. Current tenants offer an internet resistant mix of retailers with a true NNN lease structure that limits landlord responsibilities and a staggered rollover schedule that eliminates lease-up risk.

Attributes

Asking Price
€4,627,000
Building area gross
721 m²
Occupancy
100.00%
Year built
2000
Land area Gross
0.00 km² (3,197 m²)

Investment Highlights

  • Rare and Attractive Fixed Rental Increases
  • Freeway Access and Visibility
  • Abundant Parking and Accessibility
  • Excellent Demographics
  • Limited Landlord Responsibility
  • Internet Resistant Tenant Mix
  • Dominant Retail Trade Area

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Last updated
19 Jan 2023