This property is Off-Market

4510 132nd Street Southeast
Mill Creek, WA 98012 ·

18.80 AC · Land For Sale

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18.8-Acre Development Site

Price N/A Property Sub-type Retail-Pad (land)
Lot Size 18.80 AC Property Use Type Vacant/Owner-User
Property Type Land Zoning Description PUV
Listing ID: 17399003 Date Created: 11/01/2011 Last Updated: 02/29/2012

Description

The subject property is currently occupied by the operations of Henry' s Plant farm which specializes in the wholesale sales of annuals, perennials, ground coverings and potted plants to large retailers throughout the Puget Sound region. Current operations will terminate upon the sale of the property unless otherwise negotiated.

Additional sources of income on the subject property include monthly revenue from cell phone tower vendors and an espresso drive-thru stand totaling $5,900 per month. Within the next 18 months, the leases for the cell phone tower will expire defaulting to a month to month rental arrangement. The espresso drive thru currently has three years remaining on its lease, however, a demolition clause has been inserted within the lease to accommodate a redevelopment of the property in the future.

Highlights

  • Rare 18.8-Acre Assemblage Within the City of Mill Creek
  • Urban Village Zoning Provides for Flexible Use and Development Opportunities
  • 710 Feet of Frontage on 132nd Street with Approximately 2,500 Traveling Vehicles Daily
  • 90,000-Plus Households Within a Five-Mile Radius of the Site
  • Average Household Income Over $80,000 Between a One- and Five-Mile Range

Research

4510 132nd Street Southeast, Mill Creek, WA 98012 (Snohomish County)

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