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Keeler's Korner 16401 Highway 99 2,840 SF of Office/Retail Space Available in Lynnwood, WA 98037
SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,840 SF | 5 Years | $30.00 /SF/YR $2.50 /SF/MO $85,200 /YR $7,100 /MO | Triple Net (NNN) |
1st Floor
Keeler’s Korner is a 2,840 SF mixed-use commercial property and designated historic landmark, prominently located on a high-traffic stretch of Highway 99 in Lynnwood. Originally built in 1927 as the first gas station between Seattle and Everett, the property carries a unique historical significance while offering functional, modern-use potential. The ground-floor commercial unit provides excellent street frontage and visibility, making it ideal for a retail storefront, professional office, or medical/clinical use. The space includes a private restroom and benefits from consistent drive-by traffic and strong signage exposure. Approximately 7–8 parking spaces are available along Highway 99. Above the commercial space are two residential units with flexible use potential. The main residence includes a 2-bedroom, 2-bath layout with a large loft, while a separate studio unit with its own private entrance from 164th Street offers additional rental or owner-occupant flexibility. An additional 2–4 parking spaces serve the residential units. This is a rare opportunity to lease a true landmark mixed-use property with multiple configuration options—ideal for an owner-operator seeking on-site living, supplemental income, or expanded workspace integrated with the commercial unit. Lease Type: NNN
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,840 SF | Gross Leasable Area | 2,840 SF |
| Property Type | Retail | Year Built/Renovated | 1927/2025 |
| Total Space Available | 2,840 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,840 SF |
| Year Built/Renovated | 1927/2025 |
NEARBY MAJOR RETAILERS
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Puget Nest
Keeler's Korner | 16401 Highway 99
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