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20816 44th Ave W
Lynnwood, WA 98036
Northview Corporate Center - Bldg C · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Close proximity to public transportation and the Alderwood Mall as well as other amenities
- Within walking distance to the new Lynnwood City Center Light Rail Station
- Excellent I-5 & I-405 access & visibility
- Less than 30 minutes to Downtown Seattle & Bellevue
- Renovated common area and lush landscaping
- No city B&O or utility taxes (except telecom)
EXECUTIVE SUMMARY
Colliers has been exclusively retained for the sale of Northview Corporate Center - Building C, a 59,219 SF office building situated in Lynnwood, a vibrant urban community with easy access to abundant neighborhood amenities including dining, shopping, and entertainment. This location offers convenient access to superior transportation options with bus routes and new Link Light Rail, as well as to major thoroughfares, I-5 and I-405.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
59,219 SF
Building Class
B
Year Built
1990
Price
$9,800,000
Price Per SF
$165.49
Percent Leased
66%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
29,609 SF
Slab To Slab
14’
Building FAR
0.41
Lot Size
3.33 AC
Opportunity Zone
Yes
Zoning
B2
Parking
125 Spaces (4.58 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Food Service
- Signage
PROPERTY TAXES
| Parcel Number | 270421-004-052-00 | Improvements Assessment | $7,833,300 |
| Land Assessment | $5,537,400 | Total Assessment | $13,370,700 |
PROPERTY TAXES
Parcel Number
270421-004-052-00
Land Assessment
$5,537,400
Improvements Assessment
$7,833,300
Total Assessment
$13,370,700
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