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
- High quality 2016 construction
- Annual 2% rent increases
- Tenant operates 12 gas stations in the Puget Sound and has decades of experience in the gas station business.
- Long-term, absolute NNN lease with no landlord responsibilities
- Located on 20th St SE, a thoroughfare that connects directly to US 2 and State Road 204, benefiting from a combined 79,000 VPD
- Extremely low vacancy in trade area with strong new tenant demand
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
11,200 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.65 AC
Zoning
R96
Parking
54 Spaces (4.82 Spaces per 1,000 SF Leased)
Frontage
585’ 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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