20700 44Th AveLynnwood, WA 98036

  • Office buildings
  • 176,664 SF
For Lease

Property Details for 20700 44Th Ave

Year built
1991
Construction
CONCRETE
Lot size
3.21 AC
Property size (Sq ft)
176,664 SF
Zone code
42
Property type
Office buildings
APN
27042100405300
APU
27042100405300

Description

Northview Center presents a remarkable opportunity for businesses seeking premium office space in Lynnwood, Washington. This six-story, 182,000 square foot Class A office tower boasts a timeless design and prominent visibility, strategically located near the I-5 and I-405 interchange for unparalleled accessibility. The building offers multiple tenancy options, with eight available suites ranging from 1,798 to 16,240 square feet, providing flexibility for businesses of various sizes. High-quality finishes ensure a sophisticated and modern work environment, ready for immediate occupancy. Tenant amenities are a key feature, including renovated locker rooms and showers, bicycle storage, and secure tenant storage, enhancing employee comfort and convenience. Furthermore, the building benefits from a location adjacent to the light rail, providing convenient public transportation access. The property is situated in Snohomish County and is exempt from city B&O taxes (excluding telecom). This landmark building offers a blend of classic elegance and modern functionality, making it an ideal location for discerning businesses seeking a prestigious and efficient workspace. Contact us today to explore the available suites and discover how Northview Center can meet your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $47,652,428
    6.5%
    $43,986,856
    7%
    $40,844,940
  • Comparable approach

    Method
    Valuation
    Relative Method
    $53,701,136
    Geo Method
    $34,021,952
  • Alternative Use

    Use
    Valuation
    Residential
    $54,543,704
    Hospitality
    $49,961,740
    Educational
    $41,567,580
    Medical
    $42,997,152
    Retail
    $64,660,680
20700 44Th Ave, Lynnwood, Washington

Location Insight

City
Lynnwood
County
Snohomish
State
Washington
Latitude
47.8109
Longitude
-122.296
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$294,364
$3,254,500
$35,238,600
$38,493,100
-
$3,254,500
$35,238,600
$38,493,100

FAQs

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Please email our support team at [email protected] and they will add the team member.
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