Everett, WA
Commercial Real Estate Market Trends & Data

$465 Avg asking sale price
$194 Avg asking lease rate
11,684 SF Avg unit lease size
26,435 SF Avg building size for sale
6.59% Average cap rate

Everett's Demographic Profile

Everett has 46,470 households and a median income of $75,215, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 114,622
# Households 46,470
Median age 39
Median household income $75,215
Avg household size 2.0
Renter-occupied housing units 25,302
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Everett, WA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Everett $376 11,324 SF 7.11%
Lynnwood $513 18,804 SF 6.43%
Snohomish $400 9,688 SF 5.89%
Edmonds $641 11,703 SF 6.43%
Nearby Retail Markets Avg Cost/SF Typical Size
Everett $375 19,727 SF
Mill Creek $1,014 2,700 SF
Lynnwood $799 10,144 SF
Snohomish $759 4,137 SF
Edmonds $620 8,439 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Everett $337 9,606 SF 6.37%
Mukilteo $560 10,337 SF 4.45%
Edmonds $554 10,125 SF 4.93%
Shoreline $317 14,183 SF 5.75%
Stanwood $119 8,050 SF 6.75%

Commercial Properties For Sale in Everett

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Quality Inn & Suites Everett

Everett, WA 98208

  • 48,584 SF Hospitality
  • Price Upon Request
For Sale

Bldg A,B,C,D & E

Everett, WA 98208

  • 79,139 SF Retail Building
  • 7.31% Cap Rate
  • $14,375,000
For Sale

Sentry Credit Building

Everett, WA 98201

  • 18,152 SF Flex Building
  • $4,969,120
For Sale

Everett Land Site

Everett, WA 98203

  • 17,986 SF Industrial Building
  • $5,500,000
For Sale

Luna Apartments | 47 Unit Shovel Ready Site

Everett, WA 98201

  • 0.36 AC Lot
  • 1 Commercial Lot
  • $3,200,000
For Sale

Everett Jewel Box & Secured Yard

Everett, WA 98204

  • 3,000 SF Office Building
  • $2,950,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Everett pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Everett $465 26,435 SF
Mukilteo $391 11,669 SF
Mill Creek $2,150 33,989 SF
Lynnwood $653 16,389 SF
Lake Stevens $316 1,976 SF

Multifamily Properties For Sale in Everett

For Sale

Heritage Manor

Everett, WA 98201

  • 15,082 SF Multifamily
  • 6.37% Cap Rate
  • $4,500,000

Regional Demographic Comparison

This comparison places Everett alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Everett or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Everett 114,622 46,470 39 $75,215 2 25,302 4%
Mukilteo 22,472 8,762 44 $121,135 3 2,852 4%
Mill Creek 20,931 8,658 42 $131,330 2 3,518 3%
Lynnwood 40,226 16,281 41 $72,973 2 8,351 5%
Lake Stevens 38,136 13,012 37 $107,902 3 3,153 6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Everett, WA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Everett

View All Commercial Real Estate For Sale in Everett
Is Everett a good market for a first-time commercial real estate investor?

Everett offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Everett?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Everett. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Everett?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Everett. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Everett compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Everett. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Everett acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Everett, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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