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Property profile & analytics
FOR LEASE
Office buildings

4211 Alderwood Mall Blvd Lynnwood, WA 98036

21,840 SF 1.32 ac lot Built 1985
Individually Owned 3-yr Hold Free & Clear
Property ID
US90-0998502
4211 Alderwood Mall Blvd, Lynnwood, WA 98036 For Lease
$20 SF/Yr 5,148 SF available
4211 Alderwood Mall Blvd, Lynnwood, WA 98036
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Property summary
AI-generated overview

This exceptional executive office space, located at 4211 Alderwood Mall Blvd in Lynnwood, WA 98036, offers a prime opportunity for businesses seeking a convenient and efficient workspace. The property, 4211 Corporate Center, is a Class C building constructed in 1985, featuring a single two-story structure encompassing 21,838 square feet situated on a 1.32-acre lot. Currently, there are multiple tenancies available, with a minimum divisible space of 1,009 square feet and a maximum contiguous space of 1,342 square feet. A total of 2,351 square feet is currently vacant. The building is zoned CC-C and is conveniently located near the intersection of Alderwood Mall Blvd and 44th Ave W, providing easy access to I-5, Hwy 99, and I-405. While the building does not offer elevators, it does include four parking spaces. One available suite features an open floor plan, three private offices, and a reception area. The submarket is CBA Lynnwood, within Snohomish County. This is an excellent opportunity for businesses seeking a well-located, flexible office space in a thriving area. Note that a current tenant is offering a six-month rent contribution for a suitable subtenant.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1985
Construction STEEL FRAME
Total area 21,840 SF
Lot 1.32 ac (57,499 SF)
Zoning code CC-C
APN 372600701900
UPID US90-0998502
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
  • James Russell, PLLC Accounting Firm
  • Samantha Arango Real Estate Real Estate Agency
  • Peter Harvey - Raymond James Financial Advisor
  • Hickman Menashe P.S. Law Firm
  • B. Jacob Bozeman Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.39M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.47M
Owner & transaction history
Central Puget Sound Regional Transi · 3 yrs held
Central Puget Sound Regional Transi
since 2022
3 recorded transactions
2022
Price N/A
2019
$5.0M
1969
Price N/A
Zoning & alternative use
CC-C · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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