Edmonds WinCo Pad Building
Edmonds WinCo Pad Building is a 100% leased 3 tenant pad building shadow anchored by WinCo Foods. Located at the entrance to a high performing WinCo Foods, the asset has excellent access and visibility. Patty's Eggnest has expanded and signed a new 10-year lease extension and all 3 tenants have contractual rent increases providing stable NOI growth.
The shop tenants are located at the intersection of Hwy 99 & 220th St SW, only 1-mile from a major I-5 interchange. The asset is located in Edmonds, a strong retail trade area with national retailers including WinCo, Ranch 99 Market, PCC, QFC, Bartell Drugs, Rite Aid, Safeway, Dollar Tree, Walgreens, T.J. Maxx, Costco, and The Home Depot. Edmonds is a high-quality bedroom community to Seattle, Bellevue, and Everett.