Pawsome Dog Lounge: A Retail Use Property
Strategic downtown location in a rapidly upzoning corridor of Everett—steps from future transit, services, and new development.
Main tenant on a Triple Net Lease (NNN): Pawsome Park and Lodge, providing reliable lease revenue and increased building activation; highly popular among local pet owners, driving daily foot traffic and community engagement.
The tenant pays for all repairs, property taxes, and insurance. The lease contract starts at $12,500/month on NNN terms, and escalates to $25,000/month over the next two years.
Other local businesses and nearby residential make this a stable, diversified income property with upside as the area densifies.
Zoning: High-density “Mixed Urban” (MU-15/Center City or similar)—supports 15 to potentially 25 stories, subject to design review and incentives.
Density: No explicit dwelling unit cap; massing, FAR, and parking drive maximum unit count.
Potential:
Continue stable cashflow from tenancy and escalating rents—plus daily Lofty distributions.
Entitlement for significant redevelopment: apartment/mixed-use, mid-rise or tower, retail, and office, all possible within up-to-date city frameworks.
Everett’s current code and planning emphasize transit-oriented development and allow for flexibility far above traditional neighborhood scales; bonus heights possible for affordable or mixed-income projects.
Sale, redevelopment, or joint venture in the future would unlock further value for all equity token holders.
Why Invest in 2820 Rucker Ave?
Strong, growing cashflow backed by a blue-chip anchor tenant and pro management
True urban development play: rare upzoned/high-rise potential in the heart of a growing city
Daily income: rent distributed directly to your account—no lockup, peer-to-peer liquidity
Documented transparency: every report and contract available for review
Professional oversight with Barkside Management LLC and locally active, proven tenants
Fractional access: Own a piece of the next major node in Everett’s real estate evolution starting at just $50 per token
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