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Lynnwood Automotive and Retail Portfolio 20515 Highway 99 25,259 SF 100% Leased Retail Building Lynnwood, WA 98036 $8,399,355 CAD ($332.53 CAD/SF)
Executive Summary
Located on a 2.19-acre parcel at 20505 and 20515 Highway 99 in Lynnwood, Washington. Two buildings, totaling approximately 25,259 square feet, were constructed in 1978 and 1990. This two-building commercial portfolio includes an automotive dealership facility and a former carpet showroom/warehouse building. Together, the properties offer flexible space suitable for automotive sales and service, retail, showroom, owner-user, warehouse, and light-industrial uses. The portfolio provides an opportunity for an investor, owner-user, or redeveloper seeking adaptable buildings with multiple potential occupancy and repositioning strategies.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
25,259 SF
Building Class
B
Year Built
1990
Price
$8,399,355 CAD
Price Per SF
$332.53 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.26
Lot Size
2.19 AC
Opportunity Zone
Yes
Zoning
Commercial General CG - General Commercial Zoning
Parking
141 Spaces (5.58 Spaces per 1,000 SF Leased)
Frontage
150’ on Washington Highway 99
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Availability is negotiable. Castle Auto; Seapac
- Retailer
- -
- -
- -
-
- Retailer
- -
- -
- -
Mercedes-Benz Group AG, formerly Daimler AG, traces its roots to Carl Benz and Gottlieb Daimler and was formed in 1926 through the merger that created Daimler-Benz. The company develops and sells premium passenger cars and vans through Mercedes-Benz AG, while also operating automotive financing and mobility-related businesses. Mercedes-Benz Group describes a heritage spanning more than 140 years of innovation, and Wikipedia identifies the business as a German multinational automotive company with worldwide reach.
- Pioneer Auto Care
- Services
- -
- -
- -
- Seapac Autos Inc
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Availability is negotiable. Castle Auto; Seapac | Retailer | - | - | - | ||
|
|
Retailer | - | - | - | ||
| Pioneer Auto Care | Services | - | - | - | ||
| Seapac Autos Inc | Retailer | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005641-000-006-05 | Improvements Assessment | $2,056,756 CAD |
| Land Assessment | $4,536,632 CAD | Total Assessment | $6,593,388 CAD |
Property Taxes
Parcel Number
005641-000-006-05
Land Assessment
$4,536,632 CAD
Improvements Assessment
$2,056,756 CAD
Total Assessment
$6,593,388 CAD
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Lynnwood Automotive and Retail Portfolio | 20515 Highway 99
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