8011 20th St SE | Lake Stevens, WA 98258
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- LoopNet Team
8011 20th St SE
Lake Stevens, WA 98258
Trestle Station · Retail Property For Sale
Investment Highlights
- 100% Occupied retail center with immaculate 2016 construction.
- Tenants all operate on NNN lease structures, providing minimal Landlord responsibilities.
- Located on 20th ST SE, a thoroughfare that connects directly to US 2 and is between State Road 204 and State Road 9.
- Tenants have been at the center since inception - 80% of the GLA has extended their lease terms, demonstrating their commitment to this location.
- Located within an affluent area with approximately $100,000 in average household income within a 1-mile radius and 125,000.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,494 SF
Building Class
C
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.75 AC
Zoning
Commercial
Parking
32 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
95’ on 20th St
Property Taxes
| Parcel Number | 004314-003-001-01 | Improvements Assessment | $5,382,200 |
| Land Assessment | $2,663,500 | Total Assessment | $8,045,700 |
Property Taxes
Parcel Number
004314-003-001-01
Land Assessment
$2,663,500
Improvements Assessment
$5,382,200
Total Assessment
$8,045,700
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