Property profile

6812 196Th St Lynnwood, WA 98036

OFF-MARKET
Retail properties & Spaces
0.6 ac lot
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Property summary

AI-generated overview

This exceptional 1,700 square foot retail space, located at 6812 196th St SW in Lynnwood, WA 98036, presents a rare opportunity for a single-tenant business. Situated on a 0.6-acre lot, this endcap location boasts high visibility and accessibility, benefiting from its position near the bustling Lynnwood Crossroads retail center. The property's CDM zoning allows for a variety of uses, making it ideal for a range of businesses. The open floor plan offers flexibility for customization to suit specific needs. This high-traffic area, situated on a main route connecting downtown Edmonds to I-5 and the light rail, ensures significant exposure to potential customers. The property also enjoys proximity to Edmonds College, further enhancing its appeal. A large pylon sign provides excellent branding opportunities. Current co-tenants include a flooring company and a restaurant, creating a synergistic retail environment. Suggested uses include fitness centers, offices, tutoring services, coffee shops, bars, or cafes. The Snohomish County property (APN 27042000200800) offers a compelling combination of location, visibility, and flexibility for a discerning tenant.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.6 ac (26,136 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Restaurant
  • Gym & Fitness Center
  • Carpet & Flooring Store Hardware & Home Improvement
  • Restaurant

Location

6812 196Th St Lynnwood, WA 98036
Lynnwood metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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