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4225 Hoyt Ave 12,711 SF 100% Leased Office Building Everett, WA 98203 $5,300,000 ($416.96/SF)
Investment Highlights
- The Buildings are 100% occupied with stable long-term commercial leases.
- Excellent location just off Broadway and I-5 near Everett Clinic, Providence Regional Medical Center, Kaiser Permanente and Optum Health.
- The Property contains three parcels, including a multi-tenant Medical Office Building, plus two single-family residences.
- The site could be considered "covered land" for future development.
Executive Summary
43rd & Hoyt Medical Healthcare Campus is 100% occupied on stable long-term leases. The three contiguous parcels include a 12,433 SF MOB plus two single-family residential homes. The investment property is located just off Broadway and I-5 near Everett Clinic, Providence Regional Medical Center, Kaiser Permanente and Optum Health.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,711 SF
Building Class
C
Year Built
1976
Price
$5,300,000
Price Per SF
$416.96
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,711 SF
Building FAR
0.19
Lot Size
1.54 AC
Zoning
UR7 - UR7 - Urban Residential (7 Floors) - City of Everett
Parking
94 Spaces (7.5 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Residential Tenant #1
- -
-
99,999 SF
- -
-
Jan 0000
- Residential Tenant #2
- -
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Residential Tenant #1 | - | 99,999 SF | - | Jan 0000 | ||
| Residential Tenant #2 | - | 99,999 SF | - | Jan 0000 |
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 005822-021-002-00 | Improvements Assessment | $2,261,500 |
| Land Assessment | $1,424,200 | Total Assessment | $3,685,700 |
Property Taxes
Parcel Number
005822-021-002-00
Land Assessment
$1,424,200
Improvements Assessment
$2,261,500
Total Assessment
$3,685,700
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4225 Hoyt Ave
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