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Property profile & analytics
FOR LEASE
Bars & Pubs

15615 Highway 99 Lynnwood, WA 98087

21,973 SF 0.44 ac lot Built 1947
Entity Owned 9-yr Hold Free & Clear
Property ID
US90-1269797
Property summary
AI-generated overview

This exceptional property, located at 15615-15703 Hwy 99, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The building totals 23,743 square feet, with 5,215 square feet currently vacant and available for lease. The available space is divisible, with two spaces ranging from 4,528 to 12,056 square feet. The property features a convenient multiple tenancy setup, making it suitable for businesses of various sizes. Enjoy a 9-foot ceiling height throughout the building. The strategic location on Highway 99 provides excellent visibility and signage opportunities, ensuring high brand awareness. The property also boasts grade-level and dock-high loading capabilities, simplifying logistics and enhancing operational efficiency. Secure parking is available for tenants and their clients. Furthermore, the building offers easy access to major transportation arteries, including SR-525, I-405, and I-5, facilitating seamless commutes and efficient freight movement. This property is situated in Snohomish County. The combination of prime location, flexible space options, and convenient amenities makes this an unparalleled opportunity for businesses seeking a high-profile presence in a thriving area.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1947
Construction WOOD
Total area 21,973 SF
Lot 0.44 ac (19,166 SF)
Zoning code UC
APN 372900201808
UPID US90-1269797
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.14M
Owner & transaction history
Rh Miller Property Assocs LLC · 9 yrs held
Rh Miller Property Assocs LLC
since 2017
3 recorded transactions
2020
Price N/A
2017
$3.2M
2000
Price N/A
Zoning & alternative use
UC · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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