5105 200th St SW - Office FOR SALE


Lynnwood, WA 98036
$2,595,000 USD
206-660-7221
5105 200th St SW, Lynnwood, WA for Sale
$2,595,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

5105 200th St SW
Lynnwood, WA 98036


HIGHLIGHTS

  • WELL SUITED FOR MANY USES
  • AMPLE PARKING
  • LOCATION LOCATION LOCATION
  • ABUTTING GREEN SPACE AND PARK ACROSS THE STREET

OVERVIEW

Owner occupied office building that is well suited for many uses from office, counseling, health, accounting & financial services, etc., etc., most all services due to the ideal location and abundant parking on site along with close to many supporting businesses including proximity to the new Light Rail Station. Ideal fit for many uses and an EXCELLENT OPPORTUNITY for OWNER/USER with entire 2nd floor available that offers a light filled open floor plan with 4-6 private offices, two conference rooms, lunch-break room, storage, private restrooms, and two entrance/exits. Excellent tenants currently occupy 1st floor. *Updating Financials* Upper floor tenant suite #200 is currently rented at $9,622.74 per month thru 10-31-24. Suite #100 Edward Jones is leased thru 2028 with current rent at $2,898.18. The owner, suite #110, does not pay rent, however at the same rate as Edward Jones the other ground floor tenant = $3,860.39

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

TransACT Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D, Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

PUD

APN/PARCEL ID

006084-001-004-03

ASK ABOUT THIS PROPERTY

Tom BatesWPI Real Estate ServicesMore Info
206-660-7221

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Tom BatesWPI Real Estate ServicesMore Info
206-660-7221

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