Investment Overview

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale Another Castle & Crave 80’s, a fully occupied two-tenant retail center, located in affluent Marysville, WA. The Property is adjacent to a recently renovated Holiday Inn and is located between the main arterials of I-5 and State Ave in Marysville. Below market rents provide an investor with stability and future upside, with achievable rents in the submarket being in the $20-$24/SF range. Both tenants’ leases also include annual rent increases, providing an investor with a hedge against inflation. Another Castle & Crave 80’s is located within the Marysville retail trade area which boasts in excess of 5.5 million visitors annually, anchored by the Seattle Premium Outlets, Tulalip Resort, and tenants such as, Walmart, The Home Depot, Chick-fil-A, Haggen, Fred Meyer, Safeway, Coastal Farm & Ranch, and Grocery Outlet. The Property benefits from visibility to over 27,000 vehicles per day, ample parking and a favorable ingress and egress maintained by Holiday Inn next door. Located across the street, Heart Saved Adult Family Home is developing a new 16-bed enhanced services facility for seniors. Within a 5-mile radius, the population has grown by over 17% since 2010 and average household incomes are over $100,000.