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    Property profile & analytics
    OFF-MARKET Estimated value $6,180,000
    Office buildings

    16108 Ash Way, Lynnwood, WA 98087-8779

    29,729 SF Built 2005
    Entity Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US90-1560499
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 2005
    Construction TYPE NOT SPECIFIED
    Total area 29,729 SF
    Zoning code 62
    APN 1090800000300
    UPID US90-1560499
    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
    Current use
    Occupant on record · Public records
    • Kaffeehaus de Châtillon Cafe & Coffee Shop
    • Viktoriya's Skin Care Medical Clinic Skin Care Clinic
    • Dan Mellis | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
    • Aaron Smith, ND Alternative Medicine Practice
    • Majsan Champagne, Managing Broker Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.41M
    Blend (final) Blend
    $6.18M
    Owner & transaction history
    Newberry Square LP · 15 yrs held
    Newberry Square LP
    since 2010
    4 recorded transactions
    2010
    2009
    2008
    1969
    Zoning & alternative use
    62 · Lynnwood, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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