Big Lots | Everett, WA

Sands Investment Group is Pleased to Exclusively Offer For Sale the NNN Lease Retail Tenant Investment Opportunity Located at 6727 Evergreen Way in Everett, Washington.

  • Long-Term, Stabilized National Retail Store Tenant With Over 10 Years Remaining on Initial Lease Term
  • Fixed Rent Increases of 12.5% Throughout the Initial Term and 5% Rent Increases Throughout the Options Provide a New Investor With a Hedge Against Future Inflation Offering a Very Valid Return Over the Anticipated Hold Period
  • Well Known Retailer – Big Lots Has Earned a Very Reputable Name Throughout the Country, Specifically in the Pacific Northwest and is a Publicly Traded Company (NYSE: BIG)
  • Coupon Clipper Investment – STNL Asset, Providing a New Investor With Minimum Property Oversight and Management
  • Ideal 1031 Exchange Upleg, Delivered Debt-Free With Sellers Able to Accommodate a Quick Close to Meet the Tight Time-Frames of Trade Buyers
  • The Property is Positioned For Tremendous Potential Future Upside With the Current Rent at $0.66 PSF/MO, Nearly Half of What Current Market Rent is For Most National and Regional Tenants Within the Everett Market
  • Strategic Location Just a Short Distance From Interstate I-5 and Immediately Off the Intersection of Evergreen Way and Madison Street, a Major Retail Arterial Home to Several National Credit Tenants
  • Pride of Ownership, “Trophy” STNL Asset Located Within the Heart of Everett, One of the Most Desirable Communities of the Seattle Metro Area
  • Everett is Located 25 Minutes From Downtown Seattle, Which Has Become One of the Largest Tech Company Headquarters Cities Outside of the San Francisco Area
  • Airplane Manufacturer Boeing Has a Significant Presence in Everett, Including a Large Manufacturing Plant That is the World’s Largest Building By Volume

In Cooperation With Marianne Christian – WA Lic. #12244
KW Commercial Eastside WA Lic. #18839

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