Lee & Associates Commercial Real Estate Services LLC (“Lee & Associates”) is pleased to present the opportunity to acquire 5503 232nd St SW, a single-tenant industrial property totaling approximately 9,600 SF on 0.33 acres in the heart of Mountlake Terrace. The property offers meaningful optionality for owner-users, investors, and developers from near-term occupancy and stabilized cash flow to long-term redevelopment potential supported by the City’s evolving Town Center zoning framework. Mountlake Terrace is a centrally located city in southern Snohomish County, positioned between Shoreline and Lynnwood approximately 13 miles north of Downtown Seattle. Its location along the I-5 corridor places it between two of the region’s largest employment centers, Seattle and the Lynnwood–Bothell–Everett technology, aerospace, and life science cluster, supporting steady commercial demand.