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    24015 Van Ry Blvd Mountlake Terrace, WA

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    For Lease
    $38 SF/Yr ($4,024 /Mo)

    Mixed-use retail spaces available near Terrace Station Light Rail.

    Property size:
    1,271 SF
    Lot size:
    2.05 Acres

    Property Features for 24015 Van Ry Blvd

    General Information

    Size
    1,271 SF
    Lot size
    2.05 Acres

    Source: Be RETAIL Agent Brynn Estelle Telkamp

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

    Overview

    Retail Space Near Light Rail

    Located in South Snohomish County, Terrace Station is a transit-oriented development featuring over 90,000 square feet of mixed-use retail space adjacent to the Regal Cinebarre Mountlake Movie Theater. The Terrace Station Light Rail Station is open. Current tenants include Sky Zone, Evergreen Academy, Zeeks Pizza & Craft Beer, IRG Physical Therapy, Terrace Creek Dental, Hopua Bottle Shop, and Skog Haus Coffee. Phase THREE Retail is upcoming. Residential in Building ONE & TWO is 100% Leased, Building THREE Residential Leasing Now, Q2 2024. Available spaces include an 8,150-square-foot swim school space in Building One, offering co-tenancy with Evergreen Academy and Sky Zone. Restaurant space is also available for lease, ranging from 3,540 to 4,811 square feet, with 412 parking spaces. The restaurant space includes an elevated 1,600-square-foot outdoor patio seating area with two large south and west-facing garage roll-up doors and views of the native greenbelt. Restrooms are built, and HVAC, electrical panel, and grease interceptor are installed.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Ballinger Village, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Mountlake Terrace
    County
    Snohomish
    State
    Washington
    Longitude
    -122.3087405
    Latitude
    47.7881528

    Nearby Similar for Lease

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      Terrace Station Retail Space Available

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    FAQs

    What type of property is this?
    Shopping center - Mixed-use retail spaces available near Terrace Station Light Rail.
    Where is this shopping center located?
    The property is located at 24015 Van Ry Blvd Mountlake Terrace, WA.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Transit-oriented development directly adjacent to the Terrace Station Light Rail Station.; - Anchored by Sky Zone (33,000 sf) and Regal Cinebarre Mountlake Movie Theater.; - Restaurant space available with a **1,600 sf elevated outdoor patio**, garage roll-up doors, and greenbelt views.
    (206) 650-8595
    Request Owner's contact information
    24015 Van Ry Blvd Mountlake Terrace, WA
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    Mountlake Terrace, WA
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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
    24015 Van Ry Blvd Mountlake Terrace, WA
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