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Cherry Valley Family Grocer 15215 Brown Ave NE 17,136 SF of Retail Space Available in Duvall, WA 98019
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,136 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $308,448 /YR $25,704 /MO | Triple Net (NNN) |
1st Floor
INVESTMENT OVERVIEW Neil Walter Company is pleased to offer for sale or lease The Family Grocer building in Duvall, WA. This beloved local grocery has been in continuous operation since 1992, known for its hometown service and friendly staff. The property shares a parking lot with the original Ixtapa Family Mexican Restaurant, sitting at the southern end of the core retail area of Duvall. The 17,136 SF structure sits on 1.21 acres, zoned Midtown (MT), with vehicle access from 3 sides and excellent visibility on the primary arterial road through the Snoqualmie River Valley. A buyer or tenant can carry forward the current use, or adapt the property to some new purpose to serve this growing submarket of the Puget Sound region.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Cherry Valley Family Grocer
- Tenant
- Description
- US Locations
- Reach
- Family Grocer
- Discount Grocer
- 57
- Local
| Tenant | Description | US Locations | Reach |
| Family Grocer | Discount Grocer | 57 | Local |
Property Facts
| Total Space Available | 17,136 SF | Year Built | 1982 |
| Property Type | Retail | Parking Ratio | 3.62/1,000 SF |
| Gross Leasable Area | 17,136 SF |
| Total Space Available | 17,136 SF |
| Property Type | Retail |
| Gross Leasable Area | 17,136 SF |
| Year Built | 1982 |
| Parking Ratio | 3.62/1,000 SF |
Nearby Major Retailers
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Cherry Valley Family Grocer | 15215 Brown Ave NE
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