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Investment Highlights
- Diversified Tenant Lineup: Medway Medical, Promo Box, Ashmodee North America, Service Alernatives, National Achievers, Cornerstone Prosthetics
- Diverse 35-tenant base — no single tenant represents more than 10% of revenue
- Five distinct buildings providing investment flexibility
- Located close to big retailers: Walmart, Costco, Target, Regal Cinemas, more...
- Strong 95% occupancy — 79,139 RSF leased across 5 buildings
Executive Summary
ORION Commercial Partners is pleased to present 909 Business Center, a well diversified, five building complex located at 909 SE Everett Mall Way in Everett, Washington. This offering represents the first time the asset has been available for sale in 22 years. Positioned just off Interstate 5, 909 Business Center features a balanced mix of retail, flex, and office tenants, with no single user occupying more than 10% of the net rentable area. The property benefits from significant upside potential, driven by predominantly under market rents and high tenant demand for smaller suite sizes. With 35 tenants, the asset offers a highly mitigated risk profile and stable, diversified income. The center’s proximity to major national retailers—including Walmart, Regal Cinemas, Target, and numerous surrounding amenities—enhances its visibility and leasing appeal, supporting strong tenant retention and ongoing demand. While the broader Seattle/Tacoma market remains healthy across retail, office, and flex—with vacancy near 4% and limited new supply—Everett continues to outperform. Stronger tenant demand, tighter inventory, and faster leasing velocity make Everett one of the region’s most resilient and landlord advantaged submarkets.
Property Facts
| Price | $14,375,000 | Number of Properties | 5 |
| Price / SF | $179.64 / SF | Individually For Sale | 1 |
| Cap Rate | 7.30% | Total Building Size | 80,020 SF |
| Sale Type | Investment | Total Land Area | 24.68 AC |
| Status | Active |
| Price | $14,375,000 |
| Price / SF | $179.64 / SF |
| Cap Rate | 7.30% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 1 |
| Total Building Size | 80,020 SF |
| Total Land Area | 24.68 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg B
909 SE Everett Mall Way, Everett, WA 98208 |
Flex | 17,673 SF | 1980 | - |
|
Bldg A
909 SE Everett Mall Way, Everett, WA 98208 |
Industrial | 19,723 SF | 1980 | - |
|
Bldg C
909 SE Everett Mall Way, Everett, WA 98208 |
Office | 19,284 SF | 1980 | - |
|
Bldg D
909 SE Everett Mall Way, Everett, WA 98208 |
Retail | 12,634 SF | 1980 | $14,375,000 |
|
Bldg E
909 SE Everett Mall Way, Everett, WA 98208 |
Retail | 10,706 SF | 1980 | - |
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909 Business Center
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