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2615 Broadway and 2600 McDougall Ave, Everett , WA 98201
The Offering provides the opportunity to acquire a strong performing 42K square foot freestanding Quality Food Centers (QFC) located in the heart of downtown Everett. This full city block is strategically located along nearly 650 linear feet of frontage at the lighted intersection of Broadway and Everett Avenues. These local arterials connect to multiple I-5 interchanges and are exposed to nearly 40,000 cars per day. QFC has operated at the Everett location for 38 years with another 21 years of tenant control through option periods. This location has continued to see healthy increasing sales volumes and was expanded at the tenant’s expense in 2004. This long-term land bank opportunity allows a passive investor the future ability to maximize a large full city block site with future vertical development potential. The site is zoned Mixed Urban, which allows maximum flexibility and incentivizes future vertical development.
Sean Tufts
Managing Partner (Commercial)
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