19420 21st Ave W, Lynnwood, WA 98036
10,614 SF commercial property suitable for various business purposes.
- Added:
- May 1, 2024
- Days on Market:
- 797
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 19420 21st Ave W
General Information
- Standard status
- Active
- Size
- 10,614 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1930
Listing office Coldwell Banker Commercial Danforth Seattle
Listing date May 1, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Danforth Seattle
HighLights
- 10,614 sq ft of adaptable space suitable for Warehouse Distribution, Industrial, Retail, or Manufacturing.
- Convenient proximity to I‑5 and I‑405 highways.
- Premier commercial property location just off 196th St SW.
- Swift access to key transportation routes.
- Adaptable space for a variety of business purposes.
- Year Built: 1930
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $229.3k | $21.60 |
| − Vacancy | −$15.6k | −$1.47 |
| EGI | $213.7k | $20.13 |
| − OpEx | −$64.1k | −$6.04 |
| NOI | $149.6k | $14.09 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Juicy Jun's Barbeque and Catering Express — 2516 200th Pl SW, Lynnwood, WA 98036
Location Insight
- Map
- Local Demand
- City
- Lynnwood
- County
- Snohomish
- State
- Washington
- Longitude
- -122.2619977
- Latitude
- 47.8218708
