9309 N Davies

JLL, as exclusive advisor for the seller, is pleased to present the opportunity to acquire or lease the 100% fee simple interest in Frontier Village Veterinary Clinic located at 9309 N Davies Road in Lake Stevens, WA (the “Property”). The Property is currently occupied by Frontier Village Veterinary Clinic, who is vacating in October 2021, offering an exciting opportunity for a new owner user or investor to enter a supply constrained market. Adjacent to the highly trafficked SR 9 and SR 204 corridor, the Property offers the rare opportunity to invest in Lake Stevens’ most active retail market.

• Located in Frontier Village, Lake Stevens’ primary retail market
• Near-term upside potential to bring property to market rents
• In place income while new owner gains permits to re-tenant space
• Directly across from one of the most visited Safeways in the United States (top 5%), receiving 1.08 million visits in the last 12 months
• Low vacancy market (2.2%) with zero square feet under construction
• Excellent demographics with average household incomes over $114,000 within a 3-mile radius
• In between two new roundabouts, increasing access and visibility
  • New 1-lane roundabout at N Davies Road and Vernon Road
  • New 2-lane roundabout and creation of a new intersection of SR 9, Davies Road, and Vernon Road