Retail

Lakewood Pointe Pads

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

Executive Summarydownload
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 i n t he 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. Offering an internet resistant mix of retailers. In-place leases offer a true NNN structure with limited landlord responsibilities and a staggered rollover schedule that eliminates lease-up risk.

Attributes

Building area gross
7,766 sf
Occupancy
100.00%
Year built
2000
Land area Gross
0.79 acres (34,412 sf)

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
Nov 30, 2022