206-518-9567
3625 148th St SW, Lynnwood, WA for Sale
Freestanding - FOR SALE
1/15
null | Request Cap Rate

3625 148th St SW
Lynnwood, WA 98087
Shelby


HIGHLIGHTS

  • New CVS Pharmacy purchasing former Bartell Drugs space
  • Diverse tenant roster with 100% occupancy and rental growth
  • Superior site layout and accessibility with high traffic counts
  • Strong retail market fundamentals
  • Robust demographic profile and high-growth trade area

OVERVIEW

Lake Serene Shopping Center presents an opportunity to acquire a 100% leased, high-quality asset located on Highway 99 in Lynnwood, WA. The 29,858 SF center is anchored by a future CVS Pharmacy (former Bartell Drugs) and contains 13,463 SF of premium retail shops, fully leased to a strong tenant mix including Starbucks, 7-Eleven, Bank of America and Little Ceasars. The offering presents investors with the opportunity to acquire a stabilized, irreplaceable retail asset in a core, high-visibility location with demonstrated rental upside and a track record of consistent income generation.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

137

LAND DETAILS

LAND ACRES

3.44 AC

LAND SF

149,846 SF

ZONING

GC

APN/PARCEL ID

005703-002-006-00

ASK ABOUT THIS PROPERTY

Billy SleethNewmarkMore Info
206-518-9567

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Billy SleethNewmarkMore Info
206-518-9567

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