2811-2815 Virginia Avenue-Everett, WA
2811-2815 Virginia Avenue, Everett, WA 98201
Rentable Bldg Area: 15,796 SF
Land Area: 26,572 SF
Yard Area: 6,500 SF
Investment Highlights
LOW VACANCY SUBMARKET
Average vacancy rate of 3% over the past decade.
EXCELLENT CORE LOCATION
Conveniently located at the convergence of the Port of Everett,
I-5, and Hwy 2 with immediate access to a variety of different
transportation routes.STRONG DEMOGRAPHICS
The Everett submarket has enjoyed a 14% growth in population over the prior decade and features a workforce that is highly skilled in technology and manufacturing.
VERSATILE COMPOSITION
The Property provides flexibility for a variety of tenant needs with open showroom space, indoor storage, two warehouses, and an adjacent yard.
Investment Overview
THE VARA GROUP is pleased to present for sale the
property located at 2811-2815 Virginia Ave in Everett,
WA. Totaling 15,796 RBA across three structures, the
property offers ample yard space, an open showroom,
and additional storage and production capability. The
site consists of four tax parcels totaling 26,572 SF of
land, with ± 6,500 SF of open, graveled yard.
The property is well-positioned for an Investor looking
to capitalize on the consistent rent growth in Everett,
or for an Owner-User seeking a versatile composition.
The warehouses include multiple 1 & 2-ton cranes
accompanied by four entry points for loading and
unloading, and the showroom has two south-facing
sliding glass doors to accommodate larger inventory
and furniture.
The Everett submarket has benefited from consistent
rent growth over the last decade and below-average
vacancy rate for industrial space, and acts as a central
point for manufacturing and distribution in the Puget
Sound region. Tenants and Owner-Users benefit from
nearby I-5, Hwy-2, and the Port of Everett