12811 4th Ave W | Everett, WA 98204
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- LoopNet Team
12811 4th Ave W
Everett, WA 98204
Everett Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The Tenant relocated to this site in 2016 and completed a full store remodel in 2023 at the Tenant’s cost
- This has operated as a successful Starbucks location since 2016, featuring over 8 years of historical occupancy
- The offering presents a rare opportunity to acquire a single-tenant drive-thru on a highly sought after corner location
- The Tenant executed their option early with a 10% rental increase in May 2026, moving the going-in cap rate approximately 60 basis points
- Placer.ai ranks this location in the top 13% in Washington State and top 30% in the country for total visits for Starbucks locations
- The lease has a corporate guarantee with Starbucks, providing strong investment grade credit from a leading nationally recognized company
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,050 SF
Building Class
B
Year Built/Renovated
1984/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.51 AC
Zoning
FS
Frontage
69’ on 4th Ave W
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 006468-000-001-00 | Improvements Assessment | $833,400 |
| Land Assessment | $827,400 | Total Assessment | $1,660,800 |
PROPERTY TAXES
Parcel Number
006468-000-001-00
Land Assessment
$827,400
Improvements Assessment
$833,400
Total Assessment
$1,660,800
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