Property profile

16108 Ash Way Lynnwood, WA 98087

OFF-MARKET
Office buildings
Property ID
US90-1560499
29,729 SF Built 2005
Entity Owned 15-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Medical Clinic Skin Care Clinic
  • Loan Service Bank
  • Alternative Medicine Practice
  • Real Estate Agency

Location

16108 Ash Way Lynnwood, WA 98087-8779
Lynnwood metro Census 51804 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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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

since 2010
4 recorded transactions
2010
Price N/A
2009
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

62 · Lynnwood, WA

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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