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9023 Soper Hill Rd
Lake Stevens, WA 98258
Lake Stevens Landing- Lot 7 · Retail Property For Sale
Investment Highlights
- New 15-year fee simple ground lease providing long term investment stability and zero landlord maintenance
- Part of a brand new development project, Lake Stevens Landing, which consists of 8 platted lots totaling 10 acres
- The absolute net, fee simple ground lease provides zero management or maintenance obligations
- Brand new high-quality construction and curb appeal, with tenant open and operating as of December 2022
- The lease includes 7.5% increases every 5 years of the initial term and option periods
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,500 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.67 AC
Zoning
LB
Property Taxes
| Parcel Number | 290512-002-006-00 | Improvements Assessment | $0 |
| Land Assessment | $152,000 | Total Assessment | $152,000 |
Property Taxes
Parcel Number
290512-002-006-00
Land Assessment
$152,000
Improvements Assessment
$0
Total Assessment
$152,000
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