INVESTMENT HIGHLIGHTS
SAFEWAY SHADOW ANCHORED PAD
The Property is located directly across the street from a successful Safeway location providing for a consistent traffic draw.
LARGE, 1.08 ACRE PAD
The Property consists of 1.08 acres of land providing for a variety of different potential uses.
FLEXIBLE ZONING
The Property is zoned Commercial (C-1) which allows a variety of uses including retail, mixed-use, education, public safety, senior/assisted living, and others. The intent of the commercial zone to provide for the location of business centers to serve the needs of the community for convenience goods and services.
DEVELOPMENT READY
The Property benefits from all off-site utilities and infrastructure in-place allowing for a new development to come to fruition on an expedited timeframe.
HIGH-VISIBILITY LOCATION
The Property benefits from high visibility to over 18,000 vehicles per day on the corner of Yelm Avenue and NE Plaza Drive, with potential for ample parking and multiple points of ingress and egress.
SURROUNDED BY NATIONAL RETAILERS
The Property benefits from its close proximity to national tenants such as Rite Aid, Grocery Outlet, Safeway, AutoZone, Dollar Tree, Taco Bell, Jack in the Box, Burger King, Subway and many others.
Affluent Demographics and Low Cost of Living
The Property benefits from an Average Household Income within a 5-mile radius in excess of $100,000/year and a medium home value of under $400,000. The average household income well above the national average and low cost of living provides for ample discretionary spending within the surrounding area.
INCOME TAX FREE STATE
Washington State is an income tax free state.
Listing Agents:
CLAYTON J. BROWN
Trevor Lane
425.233.9522
trevor.lane@marcusmillichap.com
