4231 196th St SW | Lynnwood, WA 98036
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4231 196th St SW
Lynnwood, WA 98036
Red Lobster · Retail Property For Sale
Investment Highlights
- Long-Term, Absolute Triple Net (NNN) Lease | Over 15 Years Remaining
- Corporate Guaranty | Over 640 locations in North America
- World’s Largest Seafood Restaurant | Serving Customers in 11 Countries
- 2% Annual Rental Increase every year and during option periods.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,382 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.69 AC
Zoning
BC - Business Central
Frontage
130’ on 196th St SW
Property Taxes
| Parcel Number | 003726-005-009-03 | Improvements Assessment | $1,374,100 |
| Land Assessment | $3,420,900 | Total Assessment | $4,795,000 |
Property Taxes
Parcel Number
003726-005-009-03
Land Assessment
$3,420,900
Improvements Assessment
$1,374,100
Total Assessment
$4,795,000
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