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Building A 20006 Cedar Valley Rd 7,816 SF 100% Leased Office Building Lynnwood, WA 98036 $1,800,000 ($230.30/SF) 6.43% Cap Rate
Investment Highlights
- NEAR-TERM VALUE-ADD POTENTIAL
- SIGNIFICANT NEARBY DEVELOPMENT
- EXCELLENT DEMOGRAPHICS
- WELL-LOCATED
- HIGH-DEMAND EXECUTIVE SPACE
- ESSENTIAL SERVICE TENANT BASE
Executive Summary
The Property sits on a 1.62 acre parcel encompassing the NW corner of Sprague’s Pond. The recently completed Lynnwood City Center Station of the Link Light Rail Expansion is located less than 0.5mi away, and is less than a 10-minute walk. The Property is in near proximity to Hwy 99 and I-5, offering convenient commuter access for tenants and clientele in nearby residential areas.
Property Facts
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Finance and Insurance
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American Family Insurance began in 1927 when Herman Wittwer founded Farmers Mutual Automobile Insurance Company in Madison, Wisconsin. Initially serving farmers with auto insurance, the company expanded its offerings and customer base over the decades. By 1963, it became American Family Mutual Insurance Company, reflecting its broader market reach. Today, it provides homeowners, auto, life, business, and farm insurance through independent agents and online channels. The company operates in 19 states and has numerous subsidiaries that support its diverse insurance products and services.
- Dwight A. Thompson, LICSW
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- Far West Family Services
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- J. Rosenthal, Psy.D
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- Lynnwood Foot & Ankle Clinic
- Health Care and Social Assistance
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- Next Generation Technologies
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- Rehabilitation & Evaluation
- Educational Services
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- Secur Computing Llc
- Services
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Finance and Insurance | - | - | - | ||
| Dwight A. Thompson, LICSW | - | - | - | - | ||
| Far West Family Services | - | - | - | - | ||
| J. Rosenthal, Psy.D | - | - | - | - | ||
| Lynnwood Foot & Ankle Clinic | Health Care and Social Assistance | - | - | - | ||
| Next Generation Technologies | - | - | - | - | ||
| Rehabilitation & Evaluation | Educational Services | - | - | - | ||
| Secur Computing Llc | Services | - | - | - |
Property Taxes
| Parcel Number | 006084-003-001-04 | Improvements Assessment | $940,700 |
| Land Assessment | $1,113,300 | Total Assessment | $2,054,000 |
Property Taxes
Presented by
Building A | 20006 Cedar Valley Rd
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