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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. Second floor accessible from parking lot via bridge connected to the building (no stairs). Multiple interior office rooms (6), could be used as private offices or shared space. Suite was recently painted and brand-new carpet was just installed in January 2026. Property is walking distance from Lynnwood link light rail station and close to I-5, making it easily accessible for clients and employees. 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. Second floor accessible from parking lot via bridge connected to the building (no stairs). Multiple interior office rooms (6), could be used as private offices or shared space. Suite was recently painted and brand-new carpet was just installed in January 2026. Property is walking distance from Lynnwood link light rail station and close to I-5, making it easily accessible for clients and employees. 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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