Property Details
17303 Smokey Point Boulevard
Arlington, WA 98223
$500,000
Active
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Property Overview
Highly visible Smokey Point commercial property in a prime Arlington location. Situated next to McDonald's drive-thru with strong daily traffic and easy access to I-5 and major intersections. 732 sq ft building currently leased to a long-term barber shop tenant through July 2027, offering a 4% cap rate. Tenant has invested in significant interior upgrades, resulting in below-market rent and future upside. Near amazon, Walmart and directly across from CVS. Great opportunity for small business or investment hold.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Snohomish
Neighborhood
Smokey Point
Listed
May 8, 2026
Financial Summary
Cap Rate
4.00%
Net Operating Income
$19,221
Gross Scheduled Income
$24,720
Total Expenses
$5,499
Total Actual Rent
$2,060/mo
Building & Use
Building Sq Ft
732
Total Units
1
Sq Ft Rented
732
Zoning
Business,Commercial,Office,Retail
Possible Use
Business, Commercial, Office, Retail
Lot Size
9,583 sqft
Year Built
1960
Exterior & Lot
Lot Size
0.22 sqft
Year Built
1960
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood
Location
City
Arlington
County
Snohomish
Coordinates
48.15347, -122.18252
Additional Information
Tax Year
2026
Annual Taxes
$3,999
Possession
Array
