4208 198Th St Lynnwood, WA 98036
This exceptional investment opportunity presents two, two-story Class C office buildings totaling 20,416 square feet, situated in the thriving Lynnwood submarket of Washington. Built in 1979, the property offers a total of five suites available for lease, with a minimum divisible space of 328 square feet and larger suites ranging up to 800 square feet. The property is professionally managed and boasts excellent rates, making it an ideal choice for businesses seeking a cost-effective and convenient location. The address is 4208 198th St SW, Lynnwood, WA 98036. This multi-tenant property provides flexibility for businesses of various sizes, offering a range of options to suit individual needs. The location in Lynnwood offers easy access to major transportation routes and amenities, enhancing its appeal to potential tenants. The property's traditional office layout provides a classic and functional workspace. Interested parties are encouraged to review available floor plans and schedule a viewing to assess the suitability of this property for their business requirements. This is a rare opportunity to secure office space in a desirable Lynnwood location at competitive rates.
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Lumen Counseling Counselor
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Draper Woldseth PLLC Law Firm
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Gustafson & Associates Appraisal Services Real Estate Agency
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T&H Services LLC Landscaping General Contractor
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Joann Wadge, MA Counselor Doctor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.