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- LoopNet Team
22511 Highway 99
Edmonds, WA 98026
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
ABOUT 22511 HIGHWAY 99 , EDMONDS, WA 98026
Edmonds Center is a grocery and drug anchored investment opportunity with significant future rental and/or development upside. The institutional quality offering is truly a covered land play consisting of 9 acres just 8 miles north of Seattle. The offering benefits from 100% occupancy, near term contracted rental increases, and ease of management with only four tenants - 99 Ranch Market, Rite Aid, Big Foot Java coffee pad and a Wells Fargo ATM pad. Due to the below market rents the center will trade well below land value and replacement cost providing a rare opportunity to acquire a stabilized grocery anchored center with future upside in the greater Seattle metro area.
PROPERTY TAXES
| Parcel Number | 270429-003-074-00 | Improvements Assessment | $5,793,900 |
| Land Assessment | $17,530,100 | Total Assessment | $23,324,000 |
PROPERTY TAXES
