Trader Joe's Center - Everett Crown Plaza
7,600,000
Everett (Seattle), WA
At-A-Glance
Trader Joe's and Dollar Tree anchored shopping center in the heart of Everett (Seattle), WA
Opportunity
Price: $7,600,000
Cap Rate: 6.1%
Highlights
- Pride of Ownership - “Trophy” Trader Joe’s opportunity located in the heart of Everett, One of the most desirable communities of the Seattle Metro Area
- Trader Joe’s has been at this location since 1997, over 26 years
- Dollar Tree has been at this location since 2012, over 13 years
- 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
- Irreplaceable center, located on major thoroughfare Highway 99, down the street from the Everett Mall, Ideally positioned along Highway 99 with excellent street frontage and visibility - surrounded by high income residential homes
- The Everett Mall Village is a 673,000 square foot indoor/ outdoor power center serving the public since 1969
- Dedicated Trader Joe’s - showing long term commitment to the site with a successful proven location - Renewed lease multiple times in past
- Strong National and Credit Rated Tenants - Subject property features Trader Joe’s, Dollar Tree, and T-Mobile
- Strong Demographics - There are over 265,000 people living within a 5 mile radius, with an average household income over $106,000
- Trader Joe’s is ranked #1 Supermarket for customer satisfaction