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2820 Rucker Ave

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

2820 Rucker Ave

Asset Class

Real Estate

Asset Type

Commercial Real Estate

Asset Abbreviation

2820-rucker-ave

Asset Fraction Price

$ 46.75

Asset Fraction Yield

6.02%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 46.75

Asset Fraction Sale End Date

Asset
Valuation

$ 3,795,700

Category

Description

2820 Rucker Ave is a strategically positioned retail property in the heart of Everett’s rapidly evolving downtown corridor, just steps away from future transit lines, essential services, and ongoing development projects. Anchored by Pawsome Park and Lodge—a popular pet care and recreation facility—this asset benefits from a secure 10-year Triple Net Lease, with escalating rents starting at $12,500/month and reaching $25,000/month by year three. The tenant’s responsibility for all repairs, property taxes, and insurance ensures stable, predictable cash flow for investors. Zoned as “Mixed Urban” (MU-15/Center City), the property offers exceptional long-term potential, with allowances for high-density redevelopment up to 25 stories, and no strict dwelling unit cap. With daily Lofty rent distributions, strong local foot traffic, and future upside from Everett’s pro-development zoning policies, 2820 Rucker Ave is both a reliable income-generating investment and a rare opportunity for significant appreciation in a growing urban market.

Features

  • Prime downtown Everett location in a rapidly upzoning corridor, near future transit and new developments.
  • Main tenant: Pawsome Park and Lodge (Triple Net Lease – NNN) providing reliable income.
  • Tenant covers all repairs, property taxes, and insurance.
  • 10-year NNN lease with a strong, proven local business.
  • Surrounded by other businesses and residential areas for stable, diversified income.
  • High-density “Mixed Urban” zoning (MU-15 / Center City) allows for potential 15–25 story development.
  • No dwelling unit cap; development potential driven by FAR, massing, and parking availability.
  • Future redevelopment possibilities: mixed-use, apartment towers, retail, or office spaces.
  • Bonus height potential for affordable or mixed-income projects under Everett’s current code.
  • Daily Lofty rent distributions with peer-to-peer liquidity (no lockup).
  • Fractional ownership starting at $50 per token.
  • Loan balance: $1,463,400 (seller pays 100% of loan payments).
  • Managed by Barkside Management LLC with professional oversight.
  • Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    Everett, WA 98201

    Asset Fraction Type

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    75,914 tokens

    Asset Fraction Sale Allocation

    10704 tokens

    Total Asset Fractions Sold (So Far)

    46,646 tokens

    Max. Investment Size

    N/A

    Asset Fraction Sale Start Date

    Assesment/Rating Provider

    Assesment/Rating

    Assessment/Rating Proof

    Asset Insurance

    Financial Statements

    Financial Audits

    Asset Valuation

    $ 3,795,700

    Asset Valuation Documentation

    Asset Ownership Structure

    Company Registration

    License or Regulatory Framework

    Smart Contract

    Smart Contract Audit

    Whitepaper

    Relevant External Links

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