The Market at Lake Stevens

Newmark is pleased to announce the successful sale of The Market at Lake Stevens, a 100% leased, grocery-anchored shopping center located in the rapidly growing and affluent community of Lake Stevens, Washington.

Anchored by Haggen, a reputable Northwest grocer under the Safeway/Albertsons umbrella, the property features a strong and stable tenant mix with 98% of income generated by national and regional retailers. The center was 100% leased at the time of sale with a weighted average lease term (WALT) of 4.2 years.

Ideally positioned at the high-traffic intersection of State Routes 9 and 204, the property serves as a dominant retail destination in Snohomish County, attracting over 1.3 million annual visits (Placer.ai).