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CLS Bldg 4720 200th St SW 15,976 SF 88% Leased Office Building Lynnwood, WA 98036 $3,000,000 ($187.78/SF) 9% 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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Health Care and Social Assistance
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- -
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We provide an innovative, supportive and healing environment that facilitates personal growth and creativity. People ready to listen from within themselves, and who need naturopathic support while working towards their personal wellness find the most value in Green Wellness.
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- Educational Services
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If you had asked me when I was eight years old what I wanted to be when I grew up, my answer would always be a mom, a dance teacher, a studio owner. Now I can proudly say I have achieved all three. Haven Dance Academy has been a dream a long time in the making and I couldn’t be more excited to see it come to fruition. ? The name Haven Dance Academy came from the desire for this studio to be a safe haven for myself and all who enter its doors. You can always expect teachers of the highest caliber that focus on not only proper dance technique, but the dancer as a whole. ? I know 2016 is the start of many amazing seasons of Haven Dance Academy, and I look forward to inspiring dancers young and old for many years to come.
- Parkview Services
- Services
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- Synergy Homecare
- Health Care and Social Assistance
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Health Care and Social Assistance | - | - | - | ||
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Educational Services | - | - | - | ||
| Parkview Services | Services | - | - | - | ||
| Synergy Homecare | Health Care and Social Assistance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- 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 | Build-Out | Available |
| 2nd Fl-Ste 205 | 1,873 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 205
| Size |
| 1,873 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 205
| Size | 1,873 SF |
| Space Use | Office |
| Build-Out | 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 | $240,700 |
| Land Assessment | $3,039,169 | Total Assessment | $3,279,869 |
Property Taxes
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CLS Bldg | 4720 200th St SW
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