Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Meineke located along Smokey Point Boulevard in Marysville, Washington. Offered at $685,000, the property provides investors with an accessible entry point into a nationally branded net lease automotive investment. The location demonstrates strong store-level performance, ranking within the top 8% of nearly 900 Meineke locations nationwide for visits per square foot. The business also maintains a 4.8-star Google rating across more than 1,300 reviews, demonstrating exceptional customer traffic and an established presence in the Marysville market. The property is strategically positioned along Smokey Point Boulevard, benefiting from exposure to more than 24,555 vehicles per day. The investment also offers significant long-term rental upside. Current rent is approximately $10–$15 per square foot below prevailing market rents, and there are no remaining lease options following the expiration of the current term in 2030. This provides future ownership with the opportunity to negotiate a new lease with Meineke at market rent or pursue another automotive user, creating the potential for meaningful NOI growth and value appreciation.