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Free-Standing Restaurant with Absolute NNN Lease
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3321 184th St SW, Lynnwood, WA 98037

Fully remodeled freestanding restaurant building on an absolute NNN lease across from Alderwood Mall.

Days on Market191

Property Features for 3321 184th St SW

General Information

Standard status Active
Property subtype RETAIL

Building Details

Buildings 1
Tenancy Single
Listing Agency: Newmark
Listed By: Billy Sleeth · License #88059
Source: Moodyscre
Added: Jan 20 Changed: Jul 30 Last Checked: Jul 30 at 12:09PM

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 Newmark

Investment Insights

Based on property information with market context.

Kura Sushi is a freestanding restaurant investment featuring a fully remodeled building and a new 15-year absolute net lease structure. The lease includes contracted rental increases, and the property is backed by a strong credit tenant. The site is arranged as a free-standing pad building.

The property is located across the street from Alderwood Mall. It is shadow anchored by H-Mart grocery, supporting the surrounding retail draw.

For buyers seeking a restaurant asset built around a long-term, absolute net lease, this offering combines a remodeled facility with a defined lease term and contracted rental increases, in a high-traffic retail setting near major anchors.

Key Highlights

  • Fully remodeled free‑standing pad building
  • New 15‑year absolute net lease structure
  • Lease includes contracted rental increases

Property Analytics

Current Use

Chase Mortgage Loan Service Chase Bank Bank Chase ATM Atm

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Garden Center Storage Facility

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,068
Businesses Nearby
816k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 24% Apparel 17% Shops & Services 16% Leisure 15%
Costco Wholesale Superstores
192,162 visits/mo 0.5 miles
AMC Alderwood Mall 16 Leisure
99,551 visits/mo 0.4 miles
Costco Gasoline Shops & Services
89,685 visits/mo 0.3 miles
JCPenney Apparel
75,951 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
67,938 visits/mo 0.5 miles

Demographics for 98037, WA

29,584
Population
12,032
Households
2.5
Avg Household Size
39
Median Age
37%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
5,101
Density / Sq Mi
$104,357
Median Household Income
$57,281
Median Earnings
$1,864
Median Rent
$683,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully remodeled freestanding restaurant building on an absolute NNN lease across from Alderwood Mall.
Where is this conventional restaurant located?
The property is located at 3321 184th St SW Lynnwood, WA.
What is the asking price?
The asking price for this property is $6,516,000.
What are key features of this property?
This property features: Fully remodeled free‑standing pad building; New 15‑year absolute net lease structure; Lease includes contracted rental increases
(206) 518-9567 Call to check price and availability
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