6031 47Th Ave, Marysville, WA 98270
4,395 SF | 100% Leased | Retail Building | Marysville, WA 98270 | $2,334,000 ($531/SF) | 6% Cap Rate
For Sale
Active
Asking Price $2,334,000
- Property Type
-
Retail
- Square Feet
- 4,395 SF
- Price / Square Foot
- $531
Listing Contacts
Michael Woolbright
Property Overview
Marcus & Millichap is pleased to offer the opportunity to purchase a fee simple interest (land and building ownership) in a United Pacific/76 gas station in Marysville, Washington. The tenant, United Apro, LLC , has approximately 11 years remaining on their lease term with 3 (5-year) options to extend. The lease features 7.5% increases every 5 years throughout the initial term and at the beginning of the option periods. The lease is guaranteed by the corporate entity and is absolute NNN with zero landlord responsibility. Marysville is a city in Snohomish County, Washington, United States, part of the Seattle metropolitan area. The city is located 35 miles (56 km) north of Seattle, adjacent to Everett on the north side of the Snohomish River delta. It is the second-largest city in Snohomish County after Everett, with a population of 70,714 at the time of the 2020 U.S. census. As of 2015, Marysville was also the fastest-growing city in Washington state, growing at an annual rate of 2.5 percent.
Property Details
- Class
- B
- Year Built/Renovated
- 1986/1991
- Stories
- 1
- Property Subtype
- Service, Grocery/Convenience Store
- Lot Size (sq. ft)
- 10,019 SF
Highlights
- 11 years remaining on 20 year Absolute NNN lease
- United Pacific is a leading gas station/c-store operator with more than 500 gas station/c-store locations across the Western U.S.
- 7.5% Rent increase in July of 2025
- Site encompasses entire block between 3rd & 4th Street - both are signalized intersections
- Subject property includes the neighboring space which is subleased to a Little Caesar’s operator
- Marysville is the second largest city in Snohomish County, one of the largest counties in the state of Washington with more than 750,000 residents
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].