Building Details

Year Built 1987

Listing Agency: CBRE e***@cbre.com Show Phone

Listed By: ERIK LARSON · License #110586

Source: Corcoran

Added: Jan 21 Changed: Jul 6 Last Checked: Jul 30 at 8:45AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers office space located on the second floor. The layout includes six private offices within a total area of 1149 square feet. The property is suitable for commercial use.

Key Highlights

• 6 private offices offer dedicated workspace
• 2nd floor location
• Built in 1987

Property Analytics

Property Profile

Current Use

Judy Gratton | Edge ... Real Estate Agency Kathleen M. Matkoski, ... Physician Longevity Medical Clinic Medical Clinic Hands for Living Physician Kari Ketner Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Restaurant Wine and Liquor Store Catering Service

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

$3.29 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,707

Businesses Nearby

Explore this area Business Placement

Demographics for 98036, WA

42,248

Population

17,228

Households

2.5

Avg Household Size

39

Median Age

39%

College-Educated

92%

High-School Grad

9.6 sq mi

ZIP Area

4,401

Density / Sq Mi

$89,566

Median Household Income

$54,455

Median Earnings

$1,686

Median Rent

$693,300

Median Home Value

Market

Lease Benchmarks for Lynnwood, WA

$22.4 /SF/Yr

Avg Asking Price

$6.7–$40.36 /SF/Yr

Price Range

2,504 SF

Avg Space Size

This space is priced 2% below the average of $22.4 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Second-floor office space featuring six private offices.

Where is this office units located?

The property is located at 19221 36th Ave W Lynnwood, WA.

What is the lease rate?

The lease rate is $2,100 /Mo.

What are key features of this property?

This property features: 6 private offices offer dedicated workspace; 2nd floor location; Built in 1987