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    4001 198Th St SW Lynnwood, WA 98036

    For Lease
    $38 SF/Yr ($4,601 /Mo)

    Retail space in Lynnwood's future Town Square, near convention center.

    Property size:
    1,453 SF
    Lot size:
    1.51 Acres

    Property Features for 4001 198Th St SW

    General Information

    Size
    1,453 SF
    Lot size
    1.51 Acres

    Source: Gibraltar, LLC Agent Laura Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Mixed-Use Development

    This retail space is located within a new mixed-use development in Lynnwood, situated in the heart of the future "Town Square." The property is suitable for cafe, coffee, or service-oriented businesses. It benefits from its proximity to the Lynnwood Convention Center, which hosts over 200 events annually and attracts more than 50,000 attendees. The location offers excellent freeway access, being just one block west of the freeway and minutes away from Alderwood Mall. The City of Lynnwood has planned a Town Square Park adjacent to the site. The property offers 1453 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lovers Lair, Inc. Lingerie Store Echelbarger Properties Inc Real Estate Agency Quality Rentals Inc Appliance Store Feral Cat Spay ... Veterinarian Bella's Voice Used ... Used Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2881536
    Latitude
    47.8198522

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    FAQs

    What type of property is this?
    Retail space - Retail space in Lynnwood's future Town Square, near convention center.
    Where is this retail space located?
    The property is located at 4001 198Th St SW Lynnwood, WA.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Lynnwood's future "Town Square".; - One block from the Lynnwood Convention Center (200+ events, 50,000+ attendees annually).; - Excellent freeway access (one block west).
    (206) 351-3573
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 198Th St SW Lynnwood, WA 98036
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