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    19401 40Th Ave Lynnwood, WA 98036

    Sponsored
    For Lease
    $23 SF/Yr

    Prime Lynnwood Office Suites, Multiple Sizes Available

    Lot size:
    73,073 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Lynnwood Corporate Center, a Class A office building located at 19401 40th Ave W, Lynnwood, WA 98036, offers exceptional office space in Snohomish County. This single, four-story building totals 73,073 square feet and features a variety of office configurations suitable for traditional office, medical office, and executive office uses, as well as professional and banking tenants. Multiple tenancies are available, with spaces ranging from a minimum of 498 square feet to a maximum contiguous space of 3,964 square feet. Currently, 4,462 square feet of space is vacant. The building boasts convenient access to both Interstate 5 and Interstate 405, placing it within easy reach of major transportation arteries. Its location is also less than a mile from the Lynnwood Transit Center and Alderwood Mall, providing employees and clients with convenient access to public transportation and retail amenities. Net-net-net lease terms include all utilities and janitorial services. This high-image corporate and medical facility presents a compelling opportunity for businesses seeking a well-located, modern, and efficient workspace in a thriving area. The building is situated in a prime location, offering excellent visibility and accessibility. The available spaces provide flexibility for businesses of various sizes and needs.

    Property Features for 19401 40Th Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,073 SF
    Class
    A
    Total Rate
    140056.58

    Building Details

    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 304
    Size
    725 SF
    Rate per SF
    $23
    Space
    Suite 210
    Size
    4,803 SF
    Rate per SF
    $23
    Space
    Suite 270
    Size
    4,803 SF
    Rate per SF
    $23
    Space
    Suite 110
    Size
    498 SF
    Space
    Suite 300
    Size
    1,667 SF
    Rate per SF
    $23
    Space
    Suite 312
    Size
    3,216 SF
    Rate per SF
    $23
    Space
    Suite 400
    Size
    2,739 SF
    Rate per SF
    $23
    Space
    Suite 280
    Size
    6,514 SF
    Rate per SF
    $23

    HighLights

    • Extensive window line.
    • Tenant improvement allowance available.
    • Professional tenant mix.
    • Outstanding access to I‑5 & I‑405.
    • Less than one mile from Lynnwood Transit Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    First American Title ... Title Company Robison Engineering, Inc. Mechanical Engineer Pacific Medical Center: ... Nursing Agency Insurance Resource Group ... Health Insurance Agency Farmers Insurance - Randal ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.28652518
    Latitude
    47.82308417

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    FAQs

    What type of property is this?
    Medical office - Prime Lynnwood Office Suites, Multiple Sizes Available
    Where is this medical office located?
    The property is located at 19401 40Th Ave Lynnwood, WA.
    What is the lease rate?
    The lease rate is $0.00-$23 SF/Yr.
    What are key features of this property?
    This property features: Extensive window line.; Tenant improvement allowance available.; Professional tenant mix.
    Request Owner's contact information
    19401 40Th 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
    19401 40Th Ave Lynnwood, WA 98036
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