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CLS Building

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CLS Building

4720 200th St SW, Lynnwood, WA 98036
Office,Specialty For Sale Available Built 1980 2 floors Zoning: CC-W
Asking Price
$3,330,000
Total Building15,976 SF
Available15,976 SF avail
Land43,124 SF land
Parking Total42
& Uncov.
ConstructionWood
MarketLynnwood
CountySnohomish

Read Overview
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Overview

Property ID
195118
Listing ID
705630
Type
Office
Asset Class
Office,Specialty
Zoning
CC-W

Description

Brown Retail Group of Marcus & Millichap is pleased to present the exclusive offering of the CLS Building, a 15,976 SF value-add or owner/user opportunity located in Lynnwood, WA, adjacent to the newly completed Lynnwood Light Rail Station and just minutes from I-5. The property houses tenants in a variety of industries, and offers direct access to dense residential communities and key employment centers. Currently 88% occupied with tenants paying below market rent, it provides investors or owner/users with immediate cash flow and a prime opportunity to implement a value-add strategy in one of the region’s fastest-growing submarkets. The property has a City Center West zoning designation in the City Center District, which is designed to promote higher density housing, retail and restaurant

Listing Courtesy of:

CB
Clayton Brown
Marcus & Millichap, Inc.
401 Union Street, 32nd fl,
Seattle, WA 98101
State: WA City: Lynnwood ZIP: 98036 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.