16108 Ash WayLynnwood, WA 98087

Property Details for 16108 Ash Way

Year built

2005

Construction

TYPE NOT SPECIFIED

Property size (Sq ft)

29,729 SF

Zone code

62

Property type

Office properties

Property subtype

Office buildings

APN

1090800000300

APU

1090800000300

Description

Newberry Square, located at 16108 Ash Way in Lynnwood, Washington, offers three available retail spaces for lease. This prime commercial property in Snohomish County boasts a total building size of 49,453 square feet. The available spaces range from a minimum of 842 square feet to a maximum contiguous space of 1,186 square feet, providing flexibility for various business needs. A total of 3,213 square feet is currently vacant and ready for immediate occupancy. The property's multiple tenancy structure ensures a vibrant and diverse commercial environment. The convenient location in Lynnwood, WA, zip code 98087, offers excellent visibility and accessibility for customers. This is an exceptional opportunity for businesses seeking a well-maintained retail space in a thriving community. The property is categorized as retail commercial space. Interested parties should inquire about lease terms and availability. The property's address is easily accessible via major roadways, providing convenient access for both employees and customers. This presents a unique opportunity to establish or expand a business in a dynamic and growing area. The available spaces are ideal for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $8,018,946

  6.5%

  $7,402,104

  7%

  $6,873,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,036,821

  Geo Method

  $5,725,211

• Alternative Use

  Use

  Valuation

  Residential

  $9,178,609

  Hospitality

  $8,407,556

  Educational

  $6,994,988

  Medical

  $7,235,556

  Retail

  $10,881,093

Location Insight

City

Lynnwood

County

Snohomish

State

Washington

Latitude

47.853

Longitude

-122.26

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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