5105 200th St SW - Office FOR SALE


Lynnwood, WA 98036- Outlying Lynnwood-Snohomish
$2,495,000 USD
206-660-7221
5105 200th St SW, Lynnwood, WA for Sale
$2,495,000 USD
Office - FOR SALE
1/19
null | 4.48% Cap Rate

5105 200th St SW
Lynnwood, WA 98036
Outlying Lynnwood-Snohomish


HIGHLIGHTS

  • WELL SUITED FOR MANY USES
  • AMPLE PARKING
  • LOCATION LOCATION LOCATION
  • ABUTTING GREEN SPACE AND PARK ACROSS THE STREET

OVERVIEW

Owner occupied office building that is well suited for many uses from office, counseling, health, accounting & financial services, etc., etc., most all services due to the ideal location and abundant parking on site along with close proximity to many supporting businesses including the NEW Light Rail Station. Ideal fit and an EXCELLENT OPPORTUNITY for OWNER/USER with both suites on the 2nd floor being available that offer a light filled open floor plan with multiple private offices, conference rooms, lunch-break room, storage, restrooms and open space. Excellent tenants currently occupy 1st floor. Upper floor Suite 200 B is approx.1,580 sq ft with three private offices and conference room along with a kitchen and open area. tenant Suite #200 is approx. 1,796 sq. ft. with three office workstations, two private offices and conference room or large office. Suite #100 Edward Jones is leased thru 2028 with current rent at $2,898.18. The owner, suite #110, does not pay rent, however at the same rate as Edward Jones the other ground floor tenant = $3,860.39 ***SELLER FINANCING IS BEING OFFERED FOR WELL QUALIFIED BUYERS/PROOF OF FUNDS 30% DOWN, 6.5% INTEREST ONLY, 3-5 YEAR CASH OUT WITH PRE-PAYMENT PENALTY DURING FIRST THREE YEARS***

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

4.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

TransACT Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

PUD

APN/PARCEL ID

006084-001-004-03

ASK ABOUT THIS PROPERTY

Tom BatesWPI Real Estate ServicesMore Info
206-660-7221

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

Tom BatesWPI Real Estate ServicesMore Info
206-660-7221

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