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Open Office/Retail Suite with Semi-Private Offices
For Lease
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23931 Hwy 99, Edmonds, WA 98026

Flexible open office/retail suite with two semi-private offices, shared common area amenities, and alarm plus video monitoring.

Property Size765 SF
Days on Market209

Property Features for 23931 Hwy 99

General Information

Standard status Active
Size 765 SF
Net Rentable 765 SF
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Available Space 765 SF
Contiguous Space 765 SF
Space Use Office
Private Offices 2

Additional Details

Lease Term 24 months
Utilities to Site Yes

Amenities

alarm system
video monitoring system
free parking
shared bathrooms
entry
communal area
bi-monthly professional cleaning

Building Details

Tenancy Multi
Listing Agency: Windermere Greenwood
Listed By: Kathe Trost
Source: Moodyscre
Added: Jan 2 Changed: Jul 29 Last Checked: Jul 30 at 1:17PM

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 Windermere Greenwood

Investment Insights

Based on property information with market context.

This suite offers approximately 765 RSF of open commercial office/retail space, complemented by two semi-private offices. The layout is well suited for general office use and service-oriented or creative work such as therapy, art/photography studio, fitness, or a work-from-home alternative. Alarm system and video monitoring are installed and included.

Located at 23931 Hwy 99 in Edmonds, the property benefits from heavy visibility, with 30,000 plus cars driving by every day, along with plenty of free parking. The building is described as easily accessible to Edmonds, Shoreline, Lynnwood, and LFP.

The offering includes shared bathrooms, entry, and a communal area that receives bi-monthly professional cleaning (communal spaces only). Rent includes water, garbage/recycling, electricity, and heating/air conditioning; however, there is no water available in the unit and there is no option to install it. The lease has a two-year minimum.

Key Highlights

  • About 765 RSF open commercial office/retail space plus two semi‑private offices
  • Alarm system and video monitoring system installed and included
  • Shared bathrooms, entry, and communal area with bi‑monthly professional cleaning (communal spaces only)

Property Analytics

Current Use

Shoreline Academy of Music ... Vocational School Communities of Color Coalition ... Physician Tramp Stamp Fit Gym & Fitness Center Haley Shadoan Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Computer & Electronic Repair Skin Care Clinic Garden Center

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$4.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby

Demographics for 98026, WA

38,610
Population
15,884
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
97%
High-School Grad
9.4 sq mi
ZIP Area
4,107
Density / Sq Mi
$124,462
Median Household Income
$63,708
Median Earnings
$1,894
Median Rent
$758,900
Median Home Value

Market

Lease Benchmarks for Edmonds, WA

$28.64 /SF/Yr
Avg Asking Price
$15.5–$39.49 /SF/Yr
Price Range
2,375 SF
Avg Space Size

This space is priced 7% below the average of $28.64 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible open office/retail suite with two semi-private offices, shared common area amenities, and alarm plus video monitoring.
Where is this office units located?
The property is located at 23931 Hwy 99 Edmonds, WA.
What is the lease rate?
The lease rate is $1,700 /Mo.
What are key features of this property?
This property features: About 765 RSF open commercial office/retail space plus two semi‑private offices; Alarm system and video monitoring system installed and included; Shared bathrooms, entry, and communal area with bi‑monthly professional cleaning (communal spaces only)
(206) 954-1706 Call to check price and availability
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