THE VARA GROUP is pleased to present the exclusive
offering of the CLS Building, located in Lynnwood, WA. The
CLS Building is a 15,976 SF professional office building
located adjacent to the newly completed Lynnwood Light
Rail Station. The property houses tenants in a variety of
industries, and offers direct access to dense residential
communities and key employment centers. Currently
79% occupied, it provides investors with immediate
cash flow and a prime opportunity to implement a valueadd
strategy in one of the region’s fastest-growing
submarkets.
The property has a City Center West zoning designation
in the City Center District, which is designed to promote
higher density housing, retail and restaurants, and
professional uses. The property is well-positioned for
eventual redevelopment at a maximum height of 140 feet.