Green State Tools
Jonathan Schoenhals
(206) 905-7676(206) 905-7676

14920, 14928 Highway 99, Lynnwood, WA 98087 (MLS # 1481326)

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Listing provided by Paragon Real Estate Advisors

PRICE $5,500,000
SIZE n/a
LOT SIZE 2.18 ac

10 unit retail center on two tax parcels well located along Highway 99 in Lynnwood, Washington just 16 miles north of Seattle. The property consists of two separate retail buildings sitting on 95,000 square feet of land. The property was built in 1985 and offers 18,976 Net Rentable Square Feet of retail space. The retail spaces range from 800 square feet to just under 4,000 square feet. Potential for redevelopment with PCB zoning.

DAYS ON MARKET 23 LAST UPDATED 6/26/2019
YEAR BUILT 1985 COMMUNITY Lynnwood
COUNTY Snohomish STATUS Active
PROPERTY TYPE(S) Commerical / Industrial


ADDITIONAL DETAILS
ANNUAL TAXES 39155
APN 00372901000800
APPROXIMATE BUILDING SQUARE FEET 18976
APPROXIMATE OFFICE SQUARE FEET 0
AREA 730 - Southwest Snohom
BANK/REO OWNED N
CAP RATE (NOI / LP) 7.11
ELECRICAL EXPENSES 2320
ENERGY SOURCE Electric
EXTERIOR Cement/Concrete, Wood, Wood Products
FORM 17 Exempt
FOUNDATION Poured Concrete
GENERAL ZONING Retail
GROSS ADJUSTED INCOME 479765
GROSS SCHEDULED INCOME 505016
LOT TOPOGRAPHY/VEGETATION Level
NET OPERATING INCOME 390882
NUMBER OF AVAILABLE PADS 0
OFFERS Reviewed on receipt
POSSESION Closing, Sub. Tenant's Rights
POTENTIAL TERMS Cash Out
POWER SERVICE IN AMPS 0
PROPERTY TYPE COMI
ROOF Flat
SEWER Sewer Connected
SITE FRONTAGE 0
SQUARE FEET UNIT 1 0
SQUARE FEET UNIT 2 0
SQUARE FEET UNIT 3 0
SQUARE FEET UNIT 4 0
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STYLE 75 - Retail
TAX YEAR 2019
TOTAL EXPENSES 88883
VACANCY RATE 5
WATER SOURCE Public
Listing provided by Paragon Real Estate Advisors

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Green State Realty and should be verified by the buyer.
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ZESTIMATE
  14920, 14928 Highway 99, Lynnwood, WA

RENT ZESTIMATE
  14920, 14928 Highway 99, Lynnwood, WA

60 Somewhat Walkable



 
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