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Two-Story Office Building For Rent
For Lease
$17.75 SF/Yr

2122 164th Street Southwest, Lynnwood, WA 98087

Two-story office building with excellent access to I-5 and I-405.

Space SizeContact for details
Days on Market264

Property Features for 2122 164th Street Southwest

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Bellevue
Listed By: Erik Larson
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 12 at 10:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Bellevue

Investment Insights

Based on property information with market context.

This two-story office building is situated directly off the 164th Street exit, adjacent to a park and ride. It offers convenient access to both I-5 and I-405. The building features a security system and local, responsive property management. There is a potential opportunity for exterior building signage and for furniture to be included. Parking is available at a ratio of 3.0 spaces per 1,000 square feet. Traffic count is 25,722 for 164th St. SW (2022). The property contains 4,055 square feet.

Key Highlights

  • Excellent access to I‑5 and I‑405
  • Situated directly off 164th St. exit, adjacent to park and ride
  • Potential opportunity for exterior building signage

Property Analytics

Current Use

Axia Financial Financial Advisor Ergometrics & Applied Personnel ... Employment Agency Washington Fair Plan Insurance Agency C. Hudson Agency Insurance Agency PROVAIL Employment Services ... Charitable Organization

Suggested Use

Top Pick Law Firm Gym & Fitness Center Bakery Barber Shop HVAC Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 98087, WA

40,711
Population
16,625
Households
2.4
Avg Household Size
35
Median Age
39%
College-Educated
91%
High-School Grad
5.7 sq mi
ZIP Area
7,142
Density / Sq Mi
$106,541
Median Household Income
$56,592
Median Earnings
$2,010
Median Rent
$633,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with excellent access to I-5 and I-405.
Where is this office building located?
The property is located at 2122 164th Street Southwest Lynnwood, WA.
What is the lease rate?
The lease rate is $17.75 SF/Yr.
What are key features of this property?
This property features: Excellent access to I‑5 and I‑405; Situated directly off 164th St. exit, adjacent to park and ride; Potential opportunity for exterior building signage
More about this property
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