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