20816 44Th AveLynnwood, WA 98036

For Sale
$13,800,000
59,219 SF Office Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a two-story, 59,219 square foot traditional office building located at 20816 44th Ave W, Lynnwood, WA 98036. The property, known as Northview Corporate Center Building C, sits on a 3.33-acre lot and features a multi-tenant occupancy with four credit-rated tenants under a NNN lease structure. The building offers ample parking with a ratio of 5 spaces per 1,000 square feet. This owner-user investment opportunity is priced at $13,800,000 and presents a value-add potential for the discerning investor. The property benefits from its strategic location in Lynnwood, a thriving urban center with easy access to a variety of amenities, including diverse dining, shopping, and entertainment options. Convenient access to public transportation, including bus routes and the new Link Light Rail, as well as major freeways (I-5 and I-405), further enhances its appeal. The property's APN is 27042100405200. There is no ground lease associated with this property. This is a single building offering a significant square footage in a highly desirable location. The building's prime location and strong tenant base make it an attractive investment prospect.

Highlights

  • $13,800,000 asking price.
  • 59,219 square foot, two-story office building.
  • Located in Lynnwood, WA, at 20816 44th Ave W.
  • Multi-tenant building with four credit-rated tenants.
  • NNN lease type; 5 parking spaces per 1,000 square feet; 3.33-acre lot.

Property Details for 20816 44Th Ave

Property type
Office properties
Square Feet
59,219 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
145,055 SF

Location Insight

City
Lynnwood
County
Snohomish
State
Washington
Latitude
47.8098629
Longitude
-122.2969557
20816 44Th Ave, Lynnwood, Washington

FAQs

What type of property is this?
Office property - 59,219 SF Office Building, Value-Add Opportunity
Where is the office property located?
The property is located at 20816 44Th Ave Lynnwood, WA.
What is the asking price?
The asking price for this property is $13,800,000.
What are key features of this property?
This property features: $13,800,000 asking price.; 59,219 square foot, two-story office building.; Located in Lynnwood, WA, at 20816 44th Ave W.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
20816 44Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message