© 2018 by Stuchell & Associates, LLC

The Grand Ave

FOR LEASE

2900 Grand Ave, Everett, WA

 

Brian Stuchell

bstuchell@eclipsegrp.net

(425) 320-1242

The Grand Ave

The Grand Ave is a 220 unit mixed-use residential/commercial development with approximately 40,000 SF of ground-level commercial space.  Residential occupancy has been steady at 97% since stabilization.  The ground-floor level is currently comprised of a centrally located residential lobby and Choux Choux, a French bakery located adjacent the 4,200 SF courtyard.  Originally conceived as a year-round farmers market, an initial phase comprised of ~15,000 SF was built-out including a 2,600 SF double-hooded commercial kitchen, restrooms and finished market space.

 

The Opportunity

The ground-level commercial space is being repositioned to take better advantage of The Grand Ave’s unique design features, amenities, and the burgeoning revitalization of downtown Everett.  The design herein represent a demising scheme aimed to maximize diversity.  The character of the building also affords ample opportunity to absorb uses of varying sizes not necessarily illustrated herein.  Two restaurant spaces and a brewery opportunity are particularly worthy of highlight and are feathered herein.

 

Opportunity Overview

* Spaces from ~779 SF to ~35,000 SF

* Rates from $12.50 to $30.00 RSF NNN

* Budgeted NNN of $4.50 SF

* TIs negotiable

 

Uses Desired by Marketplace

* Restaurants

* Brewery, well suited for 10 barrel system

* Retail - urban haunts, pet stores and the like

* Personal Services - hair salon, spa

* Financial - bank or credit union

* Drug Store

* Grocer

* Fitness Center

* Auto Showroom