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2021 Freeway Dr
Mount Vernon, WA 98273
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand new built-to-suit construction occupied by a 7-Eleven corporate, an investment grade tenant.
  • Benefits from commuter traffic and exposure to 79,000 VPD, situated directly off I-5 on-off ramps.
  • Increased draw due to proximity to national retailers including Panda Express, Burger King, and IHop.
  • 15-year NNN lease with 7.5% rent increases every 5 years.
  • Located within daily needs retail corridor with shadow tenants Walmart, Safeway, and Lowe's.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
3,062 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.99 AC
Frontage
210’ on Freeway Dr

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P131203
Land Assessment
$1,375,700
Improvements Assessment
$2,234,400
Total Assessment
$3,610,100
  • Listing ID: 20395293

  • Date on Market: 7/24/2020

  • Last Updated:

  • Address: 2021 Freeway Dr, Mount Vernon, WA 98273

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