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16824 44th Ave W
Lynnwood, WA 98037 Outlying Lynnwood-Snohomish

$4,555,000 USD

Storefront Retail Office For Sale  •  20,224 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 20,224 SF
• Lot Size 0.92 AC
• Building Class B
• Year Built 2009
• Tenancy Multiple
• Zoning CG

40 Transit Score

60 Walk Score

Highlights

Owner-User or Value-Add Opportunity

Significantly Below Market Rent | 7.74% Pro Forma Cap Rate

High-Traffic, High Visibility Location (76,000+ VPD)

High-Quality Construction w/ ~$1M in Renovations

Strong Demographics in a Growing Market

In-Place Cash Flow | Priced Below Replacement Cost

Major Tenants

Tenant	SF Occupied	Lease End Date
Daisy And Wish
Montalvo Cleaning
Mr Tax Man

Amenities

• 24 Hour Access

Public Transportation

Commuter Rail	Drive	Walk	Distance
	14 min	-	6.0 mi
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	14 min	-	6.0 mi
Airport	Drive	Walk	Distance
Seattle Paine Field International	11 min	-	5.5 mi
Seattle-Tacoma International	47 min	-	31.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	43
Type:	Surface
Included in Rent:	Yes