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    7224 204Th St Arlington, WA 98223

    Sponsored
    For Lease
    $288 SF/Yr

    Modern suites, ideal location, high traffic.

    Lot size:
    8,487 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Pilchuck Village offers exceptional retail and office spaces for lease in Arlington, WA. This Class A property, built in 2021, comprises four buildings totaling 8,487 square feet across four stories. Nine individual suites are available, ranging from a minimum of 691 square feet to a maximum contiguous space of 2,803 square feet, perfect for various businesses. The property is zoned for mixed use (MU) and features a convenient location at 7224 204th St NE, Arlington, WA 98223, with excellent visibility on 204th Ave NE. The building offers a "vanilla shell" delivery, with two Type 1 hood capabilities available for restaurant tenants. Its prime location boasts high traffic volume and proximity to major roadways, including Highway 9 and I-5, providing easy access for employees and customers. Nearby amenities include Starbucks, Bartell Drugs, and Safeway, enhancing the property's appeal. The Centennial walking and biking trail is also conveniently located nearby. The property's APN is 00769800000600. This is an excellent opportunity for businesses seeking a modern, well-located space in a thriving community. The property is suitable for coworking, medical office, and creative office uses, as well as retail and restaurant establishments.

    Property Features for 7224 204Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,487 SF
    Class
    A
    Total Rate
    203688

    Building Details

    Year Built
    2021
    Buildings
    4
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 101 - Suite 112
    Size
    2,803 SF
    Rate per SF
    $288
    Space
    Suite 101
    Size
    996 SF
    Rate per SF
    $288
    Space
    Suite 102
    Size
    974 SF
    Rate per SF
    $288
    Space
    Suite 112
    Size
    974 SF
    Rate per SF
    $288
    Space
    Suite 110
    Size
    799 SF
    Rate per SF
    $288
    Space
    Suite 106
    Size
    756 SF
    Rate per SF
    $288
    Space
    Suite 109
    Size
    1,250 SF
    Rate per SF
    $288
    Space
    Suite 103
    Size
    691 SF
    Rate per SF
    $288
    Space
    Suite 104
    Size
    796 SF
    Rate per SF
    $288
    Space
    Suite 105
    Size
    1,251 SF
    Rate per SF
    $288

    HighLights

    • Class A, 8,487 SF retail/office space in Arlington, WA, built in 2021.
    • Nine suites available, 691 SF - 2,803 SF contiguous.
    • Mixed‑use zoning (MU), located at 7224 204th St NE, Arlington, WA 98223.
    • Vanilla shell delivery; two Type 1 hoods available.
    • Excellent visibility, near Hwy 9 & I‑5, with nearby amenities (Starbucks, Safeway, Bartell Drugs) and Centennial Trail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Snohomish
    State
    Washington
    Longitude
    -122.13309242134
    Latitude
    48.180820139976

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    FAQs

    What type of property is this?
    Restaurant - Modern suites, ideal location, high traffic.
    Where is this restaurant located?
    The property is located at 7224 204Th St Arlington, WA.
    What is the lease rate?
    The lease rate is $288 SF/Yr.
    What are key features of this property?
    This property features: Class A, 8,487 SF retail/office space in Arlington, WA, built in 2021.; Nine suites available, 691 SF - 2,803 SF contiguous.; Mixed-use zoning (MU), located at 7224 204th St NE, Arlington, WA 98223.
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    Arlington, WA 98223
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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
    7224 204Th St Arlington, WA 98223
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