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16000 Mill Creek Blvd
Mill Creek, WA 98012 Martha Lake

$5,900,000 USD

Showroom For Sale  •  22,458 SF

Property Details

  • Property Type Showroom
  • Total Building Size 22,458 SF
  • Lot Size 1.24 AC
  • Building Class B
  • Year Built 1989
  • Tenancy Multiple
  • Zoning Town Center
0 Transit Score
72 Walk Score

Highlights

The asset is currently 88.12% leased, delivering stable returns with a Year 1 NOI of $376,565.52.
Located within the Urban Center/Town Center South subarea, the zoning permits up to 10 stories with no FAR or unit cap
Highly visible site near SR-527 with excellent access to I-5 and walking distance to Mill Creek Town Center.
Surrounded by a dense, high-income population with projected 2025 median household incomes exceeding $125,000 within a 5-mile radius.

Property Flyers

Amenities

  • Bus Line
  • Security System
  • Skylights
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 22 min - 9.8 mi
AirportDriveWalkDistance
Seattle Paine Field International 15 min - 6.6 mi
Seattle-Tacoma International 51 min - 34.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 48
Type: Surface
Included in Rent: Yes
Colton Teglovic 425-281-5261 Kidder Mathews
Colton Teglovic 425-281-5261 Kidder Mathews