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    15615 Highway 99 Lynnwood, WA 98087

    Sponsored
    For Lease
    $1.15 SF/Yr ($2,275 /Mo)

    Prime Snohomish County location, flexible space available.

    Lot size:
    23,743 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional property, located at 15615-15703 Hwy 99, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The building totals 23,743 square feet, with 5,215 square feet currently vacant and available for lease. The available space is divisible, with two spaces ranging from 4,528 to 12,056 square feet. The property features a convenient multiple tenancy setup, making it suitable for businesses of various sizes. Enjoy a 9-foot ceiling height throughout the building. The strategic location on Highway 99 provides excellent visibility and signage opportunities, ensuring high brand awareness. The property also boasts grade-level and dock-high loading capabilities, simplifying logistics and enhancing operational efficiency. Secure parking is available for tenants and their clients. Furthermore, the building offers easy access to major transportation arteries, including SR-525, I-405, and I-5, facilitating seamless commutes and efficient freight movement. This property is situated in Snohomish County. The combination of prime location, flexible space options, and convenient amenities makes this an unparalleled opportunity for businesses seeking a high-profile presence in a thriving area.

    Property Features for 15615 Highway 99

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,743 SF
    Total Rate
    2275.37

    Unit(s) available at that property

    Space
    Suite 15701
    Size
    5,215 SF
    Rate per SF
    $1.15
    Space
    Suite 15615
    Size
    12,056 SF
    Rate per SF
    $22

    HighLights

    • 23,743 SF Office/Industrial building in Snohomish County.
    • Multi‑tenant property with 5,215 SF currently vacant.
    • Available spaces range from 4,528 SF to 12,056 SF.
    • Features 9' ceilings, ground‑level and dock‑high loading, and secured parking.
    • High visibility location on Hwy 99 with excellent signage opportunities.
    • Easy access to SR‑525, I‑405, and I‑5.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2881289
    Latitude
    47.8568882

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    FAQs

    What type of property is this?
    Distribution property - Prime Snohomish County location, flexible space available.
    Where is this distribution property located?
    The property is located at 15615 Highway 99 Lynnwood, WA.
    What is the lease rate?
    The lease rate is $1.15-$22 SF/Yr.
    What are key features of this property?
    This property features: 23,743 SF Office/Industrial building in Snohomish County.; Multi-tenant property with 5,215 SF currently vacant.; Available spaces range from 4,528 SF to 12,056 SF.
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    Lynnwood, WA 98087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15615 Highway 99 Lynnwood, WA 98087
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