Property Details
10318 Evergreen Way
Everett, WA 98204
$1,900,000
Available
CBA# 711377 courtesy of CBA
Listing firm: Kidder Mathews
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Property Overview
We are pleased to present the opportunity to acquire a newly constructed, drive-thru–oriented Woods Coffee located in Everett, Washington.This high-quality asset is part of a dynamic new retail development that also features a Sonic Drive-In and Quick Quack Car Wash on adjacent parcels, creating a strong complementary tenant mix and consistent consumer draw.Strategically positioned at a signalized intersection with strong traffic counts, the property benefits from excellent visibility, accessibility, and exposure to daily commuter flow. The offering is further enhanced by long-term, triple-net (NNN) lease structures with both Woods Coffee and Quick Quack Car Wash, providing investors with stable, passive income and minimal landlord responsibilities.-Both tenants are on long-term lease structures, providing stable and predictable cash flow-Completed in October 2022, the property features modern construction with attractive design and high-quality materials-Strategically positioned along Evergreen Way/Pacific Highway, the property benefits from exceptional visibility and exposure-The asset is anchored by a drive-thru format, catering to convenience-driven consumer demand-Quick Quack leases seven (7) dedicated parking spaces for vacuum stalls, generating additional income
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
Snohomish
Listed
Jul 13, 2026
Financial Summary
Cap Rate
6.00%
Building & Use
Building Sq Ft
689
Zoning
E-1
Possible Use
Retail
Year Built
2022
Exterior & Lot
Year Built
2022
Location
City
Everett
County
Snohomish
Coordinates
47.90400, -122.24500
