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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">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.<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-bottom:0in"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Bryce H. Dille</span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-bottom:0in"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual">Business Entity Creation and Management, Business, Government and Tax Law, Real Estate and Land Use, Residential,
Commercial and Condominium Development Real Estate and Commercial Transactions & Closings, Including Performing Services as IRS Section 1031 Exchange Facilitator Estate Planning, including Wills and Trusts, and Probate Administration Representation Homeowners/Condominium
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<p class="MsoNormal" style="margin-bottom:0in"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Dave Culbertson<br>
<b>Sent:</b> Friday, May 23, 2025 10:15 AM<br>
<b>To:</b> wsbarp@lists.wsbarppt.com<br>
<b>Cc:</b> Business Law Section <business-law-section@list.wsba.org><br>
<b>Subject:</b> [WSBARP] Trying to assess commercial rental market in Snohomish County<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Hi, folks.<o:p></o:p></p>
<p class="MsoNormal">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.<o:p></o:p></p>
<p class="MsoNormal">Thanks.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:0in"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:0in"><a name="_Hlk52442782">Best Regards,<o:p></o:p></a></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782">Dave Culbertson<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782"><b>The Law Office of Davisson Culbertson</b><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782">PO 20403<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782">Seattle, WA 98102<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782"><i><o:p> </o:p></i></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782"><i>Phone:
</i>(206) 478-8134<i><o:p></o:p></i></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782"><i>FAX:
</i>(866) 867-7796<i><o:p></o:p></i></span></p>
<p class="MsoNormal" style="margin-bottom:0in"><span style="mso-bookmark:_Hlk52442782"></span><a href="mailto:dculbertson@culbertsonlawoffice.com" target="_blank"><span style="mso-bookmark:_Hlk52442782"><i>dculbertson@culbertsonlawoffice.com</i></span><span style="mso-bookmark:_Hlk52442782"></span></a><span style="mso-bookmark:_Hlk52442782"><o:p></o:p></span></p>
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