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    19221 36Th Ave Lynnwood, WA 98036

    For Lease
    $12 SF/Yr

    Modern Office Space, I-5 Access, Abundant Parking

    Lot size:
    11,194 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Alderwood Business Campus, located at 19221 36th Ave W, Lynnwood, WA 98036, offers a prime opportunity for businesses seeking flexible office space in a thriving location. This two-story, six-building campus has recently undergone common area upgrades, ensuring a modern and professional environment. Five suites are currently available, ranging in size from 635 square feet to 5,758 square feet, catering to various business needs and scales. The campus boasts abundant parking, a significant advantage in a busy area. Its strategic location provides excellent access to major transportation arteries, including I-5 and I-405 freeways, minimizing commute times. Furthermore, the property is conveniently situated near the Lynnwood Transit Center and the new Link Light rail Station, offering multiple commuting options. The surrounding area is rich with amenities, including a variety of restaurants, financial institutions, the Lynnwood Convention Center, and the Alderwood Shopping Mall, providing employees with convenient access to services and leisure activities. Below-market sublease rates are currently available, with the option to execute a direct lease with the landlord. This presents a unique opportunity to secure high-quality office space at a competitive price point in a desirable location.

    Property Features for 19221 36Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,194 SF

    Unit(s) available at that property

    Space
    5-104
    Size
    1,868 SF
    Rate per SF
    $12
    Space
    6-101
    Size
    5,758 SF
    Rate per SF
    $23
    Space
    6-208
    Size
    1,149 SF
    Rate per SF
    $25
    Space
    6-207/208
    Size
    1,784 SF
    Rate per SF
    $25
    Space
    6-207
    Size
    635 SF
    Rate per SF
    $26

    HighLights

    • Prime location in thriving Lynnwood, WA, near major freeways (I‑5 & I‑405), Lynnwood Transit Center, and Link Light Rail.
    • Two‑story, six‑building campus with recently upgraded common areas.
    • Five available suites ranging from 635 to 5,758 square feet.
    • Abundant on‑site parking.
    • Below‑market sublease rates available, with direct lease options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Judy Gratton | Edge ... Real Estate Agency Kathleen M. Matkoski, ... Psychologist Longevity Medical Clinic Medical Clinic Hands for Living Occupational Therapist Kari Ketner Occupational Therapist

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2811091
    Latitude
    47.8241318

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      Lynnwood Office/Warehouse Space Available

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Space, I-5 Access, Abundant Parking
    Where is this office property / space located?
    The property is located at 19221 36Th Ave Lynnwood, WA.
    What is the lease rate?
    The lease rate is $12-$26 SF/Yr.
    What are key features of this property?
    This property features: Prime location in thriving Lynnwood, WA, near major freeways (I-5 & I-405), Lynnwood Transit Center, and Link Light Rail.; Two-story, six-building campus with recently upgraded common areas.; Five available suites ranging from 635 to 5,758 square feet.
    Request Owner's contact information
    19221 36Th Ave Lynnwood, WA 98036
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    Lynnwood, WA 98036
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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
    19221 36Th Ave Lynnwood, WA 98036
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