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2811-2815 Virginia Avenue-Everett, WA

2811-2815 Virginia Avenue-Everett, WA

$2,380,000.00Price

2811-2815 Virginia Avenue, Everett, WA 98201

Rentable Bldg Area:  15,796 SF

Land Area: 26,572 SF

Yard Area: 6,500 SF

 

 

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  • 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

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