Log In/Sign Up
Your email has been sent.
13025 Bothell Everett Hwy
Everett, WA 98208
Chick Fil A - Murphy's Corner · Retail Property For Sale
Investment Highlights
- Brand new 2026 construction; the Property is currently under construction
- Located near the intersection of Bothell Everett Highway (SR-527) and 132nd St SE, two primary commuter and retail corridors with ±35,423 VPD
- The surrounding submarket has seen 4.9% increase of population over the past 5 years
- 15-year ground lease structure offering passive ownership and zero landlord responsibilities
- Directly across from a high-performing Fred Meyer (top 16% nationally) and Lowe’s (top 6% in WA), per Placer.ai
- Surrounding retail fundamentals with an average 5.0% vacancy
Executive Summary
The Offering presents the opportunity to acquire a brand-new Chick-fil-A ground lease located in the Murphy’s Corner neighborhood between Mill Creek and Everett, Washington. The Property is currently under construction with anticipated grand opening of April 2026 on a brand-new 15-year ground lease expiring April 30, 2041, and is positioned along Bothell Everett Highway (SR-527) and 132nd St SE, two of the primary commercial corridors serving South Everett and Mill Creek.
Murphy’s Corner continues to emerge as a meaningful suburban retail node driven by surrounding residential growth, commuter traffic, and limited retail vacancy. Chick-fil-A recently announced a broader Washington expansion initiative with nine new restaurants planned across the state by early 2027, reinforcing the brand’s commitment to the market.
Murphy’s Corner continues to emerge as a meaningful suburban retail node driven by surrounding residential growth, commuter traffic, and limited retail vacancy. Chick-fil-A recently announced a broader Washington expansion initiative with nine new restaurants planned across the state by early 2027, reinforcing the brand’s commitment to the market.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Building Size
2,761 SF
Year Built
2026
Price
$8,640,000
Price Per SF
$3,129.30
Cap Rate
4.40%
NOI
$380,160
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.41 AC
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,164,200 | |
| Land Assessment | $2,410,500 | Total Assessment | $4,574,700 |
Property Taxes
Parcel Numbers
Land Assessment
$2,410,500
Improvements Assessment
$2,164,200
Total Assessment
$4,574,700
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
