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Property profile & analytics
FOR LEASE
Office buildings

20700 44Th Ave W Lynnwood, WA 98036

176,664 SF 3.21 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US90-0374350
No photos on file
For Lease
$13,193/Mo 5,974 SF available
20700 44Th Ave W, Lynnwood, WA 98036
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Property summary
AI-generated overview

Northview Center presents a remarkable opportunity for businesses seeking premium office space in Lynnwood, Washington. This six-story, 182,000 square foot Class A office tower boasts a timeless design and prominent visibility, strategically located near the I-5 and I-405 interchange for unparalleled accessibility. The building offers multiple tenancy options, with eight available suites ranging from 1,798 to 16,240 square feet, providing flexibility for businesses of various sizes. High-quality finishes ensure a sophisticated and modern work environment, ready for immediate occupancy. Tenant amenities are a key feature, including renovated locker rooms and showers, bicycle storage, and secure tenant storage, enhancing employee comfort and convenience. Furthermore, the building benefits from a location adjacent to the light rail, providing convenient public transportation access. The property is situated in Snohomish County and is exempt from city B&O taxes (excluding telecom). This landmark building offers a blend of classic elegance and modern functionality, making it an ideal location for discerning businesses seeking a prestigious and efficient workspace. Contact us today to explore the available suites and discover how Northview Center can meet your business needs.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1991
Construction CONCRETE
Total area 176,664 SF
Lot 3.21 ac (139,828 SF)
Zoning code 42
APN 27042100405300
UPID US90-0374350
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
  • Commercial Brokers Association Charitable Organization Social Service Agency
  • C&C Biotech Pharmaceutical Factory Production Facility
  • Jim Reischling - CMG Home Loans Loan Service Bank
  • Team Lynda - CMG Home Loans Loan Service Bank
  • GBA Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$51.64M
Comparable Approach Comparable
by Request
Blend (final) Blend
$50.50M
Owner & transaction history
Northview Center Spe LLC · 3 yrs held
Northview Center Spe LLC
since 2022
Last sale
$45.9M
6 recorded transactions
2022
$45.9M
2013
$48.5M
2011
Price N/A
2006
$39.4M
2004
$13.0M
1969
Price N/A
Zoning & alternative use
42 · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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