20215-20217 Cedar Valley Rd - Warehouse FOR SALE


Lynnwood, WA 98036- Outlying Lynnwood-Snohomish | 
$3,975,000 USD
425-454-7040
20215-20217 Cedar Valley Rd, Lynnwood, WA for Sale
$3,975,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

20215-20217 Cedar Valley Rd
Lynnwood, WA 98036
Outlying Lynnwood-Snohomish


HIGHLIGHTS

  • Two industrial buildings situated on 1.54 acres in Lynnwood.
  • Direct access to I-5, I-405, and Highway 99.
  • Grade-level loading doors support warehouse operations.
  • Three-phase power service installed in both buildings.
  • Parking and outdoor storage areas provide operational flexibility.
  • Near Lynnwood City Center and regional light rail access.

OVERVIEW

Cedar Valley Road Industrial presents the opportunity to acquire a two-building industrial asset situated on approximately 1.54 acres in Lynnwood's established industrial corridor. Offered at $3,975,000, the property includes a 10,000-square-foot warehouse building and an 18,738-square-foot industrial facility with office improvements, providing a combination of immediate occupancy potential and in-place income. Building features include grade-level loading, clear heights ranging from 14 feet to 18 feet, 800-amp three-phase power service in both buildings, and dedicated parking and outdoor storage areas. The property benefits from direct access to Cedar Valley Road and connectivity to Interstate 5, Interstate 405, and Highway 99, providing efficient access throughout the Puget Sound region. Its location near Lynnwood City Center and the regional light rail system enhances accessibility for employees and businesses while supporting long-term industrial demand in a supply-constrained submarket. The site's industrial zoning and functional building configurations accommodate a variety of manufacturing, warehousing, distribution, and contractor-oriented operations. Current tenancy includes L&M Sheet Metal in a portion of the improvements through December 31, 2026, while additional areas are available for owner-user occupancy or lease-up. The combination of existing cash flow, functional industrial improvements, excess yard and parking capacity, and proximity to major transportation infrastructure creates a compelling opportunity for investors and owner-users seeking industrial product within the North Seattle market.

FOR SALE DETAILS

PRICE

$3,975,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cedar Valley Road Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

Water - City

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.54

LAND SF

67,082

ZONING

LI

APN/PARCEL ID

006084-003-003-00

ASK ABOUT THIS PROPERTY

Matt HagenKidder MathewsMore Info
425-454-7040

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Matt HagenKidder MathewsMore Info
425-454-7040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.