[WSBARP] Trying to assess commercial rental market in Snohomish County

[Bryce Dille]

First of all you could check with commercial Realtors determine what the per square foot lease rate is for comparable property or base it on the specific cap rate for that area and that kind of property in which event you would need to determine the fair market value of the property then multiply it by the cap rate and also I assume you'd want a triple net lease if tenant is leasing  the entire premises.

Bryce H. Dille
Dille Law, PLLC
1800 Cooper Point Road SW Bldg 11
Olympia, WA 98502
Office: 360-350-0270
Cell: 253-579-5561

** Please note that I use the dictation feature of my iPhone and that sometimes everything I say does not get properly translated**




[R_Alan_Swanson-WH-200]

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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Dave Culbertson
Sent: Friday, May 23, 2025 10:15 AM
To: wsbarp at lists.wsbarppt.com
Cc: Business Law Section <business-law-section at list.wsba.org>
Subject: [WSBARP] Trying to assess commercial rental market in Snohomish County

Hi, folks.
I have a client who has a commercial property, I'm helping her get a lease together to start renting some of it to a tenant. My problem to solve is how to price it. Any advice or resources on how to figure out the market rate for commercial rentals in Everett / Marysville areas? (The type of space would likely go to a service-type business like a dog-grooming business or a some similar retail services business.
Thanks.


Best Regards,

Dave Culbertson

The Law Office of Davisson Culbertson
PO 20403
Seattle, WA 98102

Phone: (206) 478-8134
FAX: (866) 867-7796
dculbertson at culbertsonlawoffice.com<mailto:dculbertson at culbertsonlawoffice.com>


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