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Shopping Center in Lynwood 6812-6820 196th St SW 8,400 SF 100% Leased Retail Building Lynnwood, WA 98036 $3,138,481 CAD ($373.63 CAD/SF)
Executive Summary
Rare opportunity to own this three-tenant shopping center. This property has excellent visibility and high traffic volume along the major arterial route from Lynnwood to Edmonds. The building has a timeless design, with 13' ceilings, open interiors, and attractive finishes. Solid, successful tenants each have their own prominent pylon sign making it a turnkey investment or an ideal opportunity for an owner-user. Collect rent, or redevelop to 50' high.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,400 SF
Building Class
C
Year Built
1962
Price
$3,138,481 CAD
Price Per SF
$373.63 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.60 AC
Zoning
CDM
Parking
16 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
164’ on 196th St SW
Amenities
- Bus Line
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 270420-002-008-00 | Improvements Assessment | $1,204,638 CAD |
| Land Assessment | $1,299,055 CAD | Total Assessment | $2,503,692 CAD |
Property Taxes
Parcel Number
270420-002-008-00
Land Assessment
$1,299,055 CAD
Improvements Assessment
$1,204,638 CAD
Total Assessment
$2,503,692 CAD
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Shopping Center in Lynwood | 6812-6820 196th St SW
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