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Retail Space in Mixed-Use Development
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4001 198th St SW, Lynnwood, WA

Retail space in Lynnwood's future Town Square, near convention center.

Space Size1,231 SF - 1,453 SF
Lot Size1.51 Acres
Days on Market489

Property Features for 4001 198th St SW

General Information

Standard status Active
Size 1,231 SF - 1,453 SF
Lot size 1.51 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 4001 198th St SW Contact us

Lynnwood "Town Center" Retail for Lease $38/SF/Yr

Floor
1
Size
1,270 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
New mixed-use development in the heart of Lynnwood's future "Town Square". Ideal...
show more
Contact us

Lynnwood "Town Center" Retail for Lease $38/SF/Yr

Floor
1
Size
1,453 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
New mixed-use development in the heart of Lynnwood's future "Town Square". Ideal...
show more
Contact us

Lynnwood "Town Square" Retail for Lease $38/SF/Yr

Floor
1
Size
1,231 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
New mixed-use development in the heart of Lynnwood's future "Town Square". Ideal...
show more
Contact us
Listing Agency: West Coast Commercial Realty, LLC
Listed By: Tracy Cornell
Source: Moodyscre
Added: May 22, 2025 Changed: Sep 12 Last Checked: Sep 21 at 12:49PM

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 West Coast Commercial Realty, LLC

Investment Insights

Based on property information with market context.

This retail space is located within a new mixed-use development in Lynnwood, situated in the heart of the future "Town Square." The property is suitable for cafe, coffee, or service-oriented businesses. It benefits from its proximity to the Lynnwood Convention Center, which hosts over 200 events annually and attracts more than 50,000 attendees. The location offers excellent freeway access, being just one block west of the freeway and minutes away from Alderwood Mall. The City of Lynnwood has planned a Town Square Park adjacent to the site. The property offers 1453 square feet of space.

Key Highlights

  • Prime location in Lynnwood's future "Town Square".
  • One block from the Lynnwood Convention Center (200+ events, 50,000+ attendees annually).
  • Excellent freeway access (one block west).

Property Analytics

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Open Analytics

Current Use

Lovers Lair, Inc. (Bike/Boat/Book/etc) Store Echelbarger Properties Inc Real Estate Agency Quality Rentals Inc Home Appliance Store Feral Cat Spay ... Veterinary Clinic Bella's Voice Used ... Furniture & Home Goods

Suggested Use

Top Pick Storage Facility Electrical Service Grocery & Convenience Store Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store

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
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,220
Businesses Nearby
221k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 48% Shops & Services 31% Dining 14% Hotels & Casinos 4%
Fred Meyer Groceries
105,243 visits/mo 0.4 miles
Applebee's Dining
15,135 visits/mo 0.4 miles
Jack in the Box Dining
13,671 visits/mo 0.2 miles
Shell Shops & Services
13,202 visits/mo 0.2 miles
ARCO Shops & Services
12,496 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Retail space - Retail space in Lynnwood's future Town Square, near convention center.
Where is this retail space located?
The property is located at 4001 198th St SW Lynnwood, WA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Prime location in Lynnwood's future "Town Square".; One block from the Lynnwood Convention Center (200+ events, 50,000+ attendees annually).; Excellent freeway access (one block west).
(206) 948-0630 Call to check price and availability
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