For Sale
For Sale
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Sale Status
Under Contract
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Total Building Size
137,543 RSF
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Overview
The Macy’s and retail pad at Everett Mall provide a rare opportunity to acquire a high credit investment, adjacent to a strong regional mall, with significant future upside. Macy’s anchors Everett Mall, provides strong BBB credit to the investment, and significant upside with an annual rent of $2.97 per SF. The 100% leased pad building is located in front of the mall and provides contracted rental increases, long-term stability, and a higher yield to the offering. The properties can be purchased together or separately.
Property Details
Macy’s & Retail Pad at the Everett Mall
The Macy’s and retail pad at Everett Mall provide a rare opportunity to acquire a high credit investment, adjacent to a strong regional mall, with significant future upside. Macy’s anchors Everett Mall, provides strong BBB credit to the investment, and significant upside with an annual rent of $2.97 per SF. The 100% leased pad building is located in front of the mall and provides contracted rental increases, long-term stability, and a higher yield to the offering. The properties can be purchased together or separately.
- Property TypeRetail
- Submarket
- Sale Price$12,000,000
- Total Building Size137,543RSF
- Total Acres11.89
- Number of Floors1
- Number of Buildings3
- Sale StatusUnder Contract
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID70281
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