6323 172nd St NE
Arlington, WA 98223
Arlington Pick-N-Pull · Specialty Property For Sale · 6,700 SF

Credit Tenant NNN Leased Pick-n-Pull Arlington, WA Single Credit Tenant NNN Lease - Blended minimum 8.18% CAP over next 5 years. Modern operation constructed in 2007 with impervious open storage areas & masonry fences per City requirements. In heart of proposed 4,091 acre Manufacturing/Industrial Center capable of increasing existing 5,513 jobs to employment of 77,000. Rapid retail growth area with 1,000,000 + SF of recent & additional planned stores & restaurants with several new & planned multi-family communities. Tenant' s NASDAQ traded parent (SCHN) has $1.9 B + annual revenues and $534 M + stockholder equity. Long-term NNN lease with annual increases. Tenant operates 55 stores in US & Canada serving 5 million customers per year and recycles 350,000 vehicles per year. Bank financing available. The adjacent cities of Arlington and Maysville contain North Snohomish County' s largest employment and retail concentrations and have been one of the region' s most rapidly growing residential areas with the population doubling since 2000 to over 79,000 residents. This investment property has easy access using 172nd St NW (SR-531) to I-5, Highway 9 and to US Highway 99, which prior to I-5 was the main north-south West Coast route between Canada and Mexico. The property is served by I-5 Exit 206, placing it 11 miles north of Everett, 40 miles north of Seattle' s CBD, 48 miles south of Bellingham' s Western Washington University and 70 miles south of the Canadian border.