18720 33Rd Ave Lynnwood, WA 98037
- Commercial real estate
Current Use by Public Records
- FireTeam - Ergometrics & Applied Personnel Research / Instruction
Property Details for 18720 33Rd Ave
- Property type
- Commercial real estate
Description
This exceptional two-story, 6,336 square foot traditional office building presents a unique opportunity for a single tenant seeking a prominent presence in Snohomish County. Located in a vibrant area with convenient access to I-5 and I-405 freeways, this property boasts excellent visibility and accessibility. The building offers ample parking with a generous ratio of 3.1 spaces per 1,000 square feet. Nearby amenities include a variety of restaurants, financial institutions, and the Alderwood Shopping Mall, providing employees and clients with numerous conveniences. The building's prominent location allows for building signage, enhancing brand visibility. The property is managed by local and responsive ownership, ensuring efficient and effective building maintenance. The current asking price is $14.75 per square foot per year, with estimated net, net, net (NNN) expenses of $8.50 per square foot per year. This represents a compelling investment opportunity for a business seeking a well-located, functional, and easily accessible office space in a thriving commercial area. The single-tenant occupancy provides a streamlined and efficient operational environment. This is a rare opportunity to acquire a complete building, offering significant potential for growth and long-term success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lynnwood
- County
- Snohomish
- State
- Washington
- Longitude
- -122.278823
- Latitude
- 47.8288008
