402-406 164th St SW | Lynnwood, WA 98087
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- LoopNet Team
402-406 164th St SW
Lynnwood, WA 98087
Creekside Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STRONG DEMOGRAPHICS - Dense Seattle MSA sub-market with a 2-mile population of over 370,000
- LOW TENANT TURNOVER - Approximately 80% of the GLA has been leased by tenants in the center since 2015 or earlier
- HIGH TRAFFIC LOCATION - With over 36,000 cars per day 164th Ave SW is primary east-west arterial connecting Interstate 5 and Highway 9 in Mill Creek
- 100% LEASED INVESTMENT - A historically-stable center with strong, daily needs focused tenants
- NATIONAL NNN TENANT ANCHOR - O'Reilly Auto has provided a strong draw and stability to the center since 1996
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
15,000 SF
Building Class
B
Year Built
1996
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.06 AC
Zoning
BC, Lynnwood
Parking
60 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
150’ on 164th St
PROPERTY TAXES
| Parcel Number | 005089-000-004-01 | Improvements Assessment | $2,316,500 |
| Land Assessment | $1,475,200 | Total Assessment | $3,791,700 |
PROPERTY TAXES
Parcel Number
005089-000-004-01
Land Assessment
$1,475,200
Improvements Assessment
$2,316,500
Total Assessment
$3,791,700
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