3405 172nd St NE
Arlington, WA 98223
Smokey Point Plaza · Retail Property For Sale
Property Facts
About 3405 172ND ST NE , ARLINGTON, WA 98223
The offering provides an opportunity to acquire a 96% occupied retail center that was remodeled in 2009 and features a high percentage of tenants exhibiting scheduled rent increases. The current owners have invested significant capital improvement dollars to increase the appearance, safety and experience of tenants and customers. This has resulted in a significant amount of recent activity as the Center leased four suites totaling more than 38% of the GLA since 2016. The Property is located within a growing and dynamic retail area of north Snohomish County. Immediately off of Interstate 5 at 172nd Ave NE, the Smokey Point area is seeing large amounts of retail and residential developments expanding the draw to the area and creating more traffic around the Property. Smokey Point Plaza sees more than 34,000 vehicles per day along 172nd Ave NE and is adjacent to an Interstate 5 interchange that provides access to an additional 70,000 VPD.
Property Taxes
| Parcel Number | 310520-004-028-00 | Improvements Assessment | $5,340,900 |
| Land Assessment | $1,772,600 | Total Assessment | $7,113,500 |
Property Taxes
