Property Details

20505 Highway 99

Lynnwood, WA 98036

$5,995,000

Available

CBA# 715292 courtesy of CBA Listing firm: Kidder Mathews

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Office / Retail

Property Type

25,259

Bldg Sq Ft

2.00%

Cap Rate

1978

Year Built

Property Overview

Lynnwood Automotive and Retail PortfolioLocated on a 2.19-acre parcel at 20505 and 20515 Highway 99 in Lynnwood, Washington. Two buildings, totaling approximately 25,259 square feet, were constructed in 1978 and 1990.This two-building commercial portfolio includes an automotive dealership facility and a former carpet showroom/warehouse building. Together, the properties offer flexible space suitable for automotive sales and service, retail, showroom, owner-user, warehouse, and light-industrial uses. The portfolio provides an opportunity for an investor, owner-user, or redeveloper seeking adaptable buildings with multiple potential occupancy and repositioning strategies.