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10501 State Avenue, Marysville, WA, 98270

MEINEKE CAR CARE CENTER
$577,259

Key Information

Cap Rate
6.75%
$ per SF
$274
Tot. SF
2,100
Year Built
1979
Term Remaining
±4.10 YRS
Type
Retail
NOI
$38,965

Highlights

  • Immediate passive income – Provides stable, predictable cash flow with a competitive return from a passive, net-leased investment in a growing secondary market.
  • Established franchise operator – Leased to a proven Meineke franchise operating 10+ locations, demonstrating significant operational expertise and strong financial backing.
  • Structured rental growth – Lease features $1,200 rental escalations every 24 months, supporting consistent income appreciation over the remaining term.
  • High-visibility location – Positioned along State Avenue (historic U.S. Route 99) parallel to Interstate 5, offering continuous traffic exposure and prominent frontage within Marysville’s primary retail and service corridor.
  • Flexible future repositioning – Approximately ±5 years remaining on the lease with no further renewal options, creating an opportunity to renegotiate tenancy or reposition the property at lease expiration to enhance returns.
  • Expanding regional market – Situated in Snohomish County, part of the growing Seattle metro area. Marysville serves as the largest commercial hub north of Everett, benefiting from sustained residential and commercial development fueled by increasing commuter inflows.
  • Established retail and service corridor – The surrounding area features a complementary mix of service, retail, dining, and auto-related users. Proximity to the Smokey Point district—home to auto dealerships, logistics users, and auto service demand drivers—further supports long-term tenant viability.

Photos

Location

Agents

Broker of Record

Brian Brockman

License # 21256
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219