16429 7th Pl W - Office FOR SALE


Lynnwood, WA 98037
$1,250,000 USD
425-770-9621
16429 7th Pl W, Lynnwood, WA for Sale
$1,250,000 USD
Office - FOR SALE
1/3
null | 5.44% Cap Rate

16429 7th Pl W
Lynnwood, WA 98037


HIGHLIGHTS

  • 100% Occupancy
  • Business established 1991
  • Proximity to Alderwood Mall and Mill Creek Town Center

OVERVIEW

Martha Lake Office Investment Opportunity. Presenting a prime investment opportunity in Martha Lake, an area of Lynnwood (Seattle/Metro) that is growing. It is serviced by 164th St, which is a common roadway to commute from Lynnwood to Mill Creek. It is minutes from Interstate 5 and Bothell Everett Highway. Near large retail/office centers in the Alderwood Mall, Mill Creek Town Center. The building is 4,345 sq ft, two stories, and has a basement. It was originally set up for two suites but has been converted to one suite that hosts an Animal Medical Facility. This Tenant's Business, with a strong leasing history, has been in this location since 2007 and has been Operating Since 1991.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

5.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,018 SF

ZONING

CB

APN/PARCEL ID

005091-000-010-00

ASK ABOUT THIS PROPERTY

Zach HensrudeRe/Max EliteMore Info
425-770-9621

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Zach HensrudeRe/Max EliteMore Info
425-770-9621

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.