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CLS Bldg 4720 200th St SW 15,976 SF 88% Leased Office Building Lynnwood, WA 98036 $3,300,000 ($206.56/SF) 8.18% Cap Rate



Investment Highlights
- Value-Add or Owner-User Opportunity (88% Occupied)
- Significantly Below Market Rent (30%)
- Future Development Potential
- Exceptionally Located Within Walking Distance of Lynnwood Light Rail and Minutes From I-5
- Excellent Demographics
- Essential Service Tenant Base
Executive Summary
Property Facts
Amenities
- Signage
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office space immediately available for lease. Suite 205 is already configured for professional office use; featuring an entry/reception, 4 larger rooms/conference rooms, 2 private offices, and a break room.The suite has been recently updated including brand new carpet and interior paint, providing a move-in ready space immediately available for occupancy. The property features ample parking surrounding the building and a connecting bridge provides direct access to the building from the parking lot. The property is adjacent to the newly finished Lynnwood light rail station and is less than half a mile from I-5, providing businesses with easy access for employees and customers. Contact Ruthanne Loar for further details.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 205 | 1,873 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 205
| Size |
| 1,873 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 205
| Size | 1,873 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office space immediately available for lease. Suite 205 is already configured for professional office use; featuring an entry/reception, 4 larger rooms/conference rooms, 2 private offices, and a break room.The suite has been recently updated including brand new carpet and interior paint, providing a move-in ready space immediately available for occupancy. The property features ample parking surrounding the building and a connecting bridge provides direct access to the building from the parking lot. The property is adjacent to the newly finished Lynnwood light rail station and is less than half a mile from I-5, providing businesses with easy access for employees and customers. Contact Ruthanne Loar for further details.
Property Taxes
| Parcel Number | 003726-006-007-03 | Improvements Assessment | $230,100 |
| Land Assessment | $4,082,100 | Total Assessment | $4,312,200 |
Property Taxes
Presented by
CLS Bldg | 4720 200th St SW
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