Property profile

19921 68Th Ave Lynnwood, WA 98036

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Triton Court presents a unique investment opportunity in a thriving Edmonds, Washington location. This brand-new mixed-use building offers a blend of retail and office spaces ideally situated adjacent to Edmonds College, providing immediate access to over 10,000 students and a robust student population. The property boasts a total of eight suites, with 5,690 square feet currently vacant and available for lease. The ground floor is dedicated to retail spaces ranging from 550 to 4,594 square feet, perfect for a variety of businesses seeking high visibility and foot traffic. The second floor provides professional office space, also benefiting from the proximity to the college and the surrounding residential and commercial corridor. A significant advantage is the large, shared patio area on the second floor, accessible to all office tenants. The building also includes a secure, controlled-access parking garage for tenant and customer convenience. In total, 12,052 square feet of retail space and 10,500 square feet of office space are available within the building, presenting a compelling opportunity for both individual businesses and larger enterprises seeking multiple suites. This property is situated within a strong commercial and residential area, ensuring high potential for success. The upper floors of the building house residential units, further contributing to the vibrant atmosphere and consistent foot traffic. This is an exceptional opportunity to establish a presence in a dynamic and growing community.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Advertising Agency Marketing & Advertising
  • Student Dormitory

Location

19921 68Th Ave Lynnwood, WA 98036
Lynnwood metro
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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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