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Multi-Tenant Neighborhood Strip Mall
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6812 196th St SW, Lynnwood, WA 98036

Retail property with direct exposure along 196th Street SW and access to Interstate 5.

Property Size8,400 SF
Days on Market7

Property Features for 6812 196th St SW

General Information

Standard status Active
Size 8,400 SF
Property subtype Retail
Zoning CDM

Additional Details

Highway Access Yes

Building Details

Building Size 8,400 SF
Year Built 1962
Stories 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Gretchen Hamm · License #84913
Source: Cbcworldwide
Added: Sep 16 Last Checked: Sep 22 at 1:07PM

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 Coldwell Banker Commercial Danforth

Investment Insights

Based on property information with market context.

Built in 1962, this multi-tenant neighborhood retail property is classified for commercial development under CDM zoning. The strip mall format supports multiple storefront occupants within a single retail asset, with direct exposure along 196th Street SW.

The property is located in Lynnwood, Washington, on an east-west arterial serving local and regional traffic across South Snohomish County. Interstate 5 is readily accessible, with surrounding retail, residential, and employment areas contributing to the commercial context.

Key Highlights

  • Multi‑tenant neighborhood retail property
  • Built in 1962
  • CDM zoning

Property Analytics

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Open Analytics

Current Use

Summit Fitness Gym & Fitness Center Modoo Banjeom Restaurant Sound Sports Performance ... Gym & Fitness Center Nielsen Bros. Flooring Carpet & Flooring Store 外婆私房菜 Restaurant

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Storage Facility Butcher Locksmith

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
Highway access

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby
136k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 51% Dining 29% Shops & Services 14% Beauty & Spa 5%
Safeway Groceries
44,504 visits/mo 0.5 miles
QFC Groceries
25,625 visits/mo 0.4 miles
Starbucks Dining
14,186 visits/mo 0.4 miles
7-Eleven Shops & Services
7,192 visits/mo 0.0 miles
MOD Pizza Dining
5,179 visits/mo 0.5 miles

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
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail property with direct exposure along 196th Street SW and access to Interstate 5.
Where is this strip mall located?
The property is located at 6812 196th St SW Lynnwood, WA.
What are key features of this property?
This property features: Multi‑tenant neighborhood retail property; Built in 1962; CDM zoning
More about this property
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