NNN BUILDING LONG TERM NATIONAL TENANT

$3,900,000

18205 SR-99 Unit 105, Lynnwood, WA, 98037, Lynnwood, WA

Retail for sale in Lynnwood, 18205 SR-99 Unit 105, Lynnwood, WA, 98037, 8900 m²

18205 SR-99 Unit 105, Lynnwood, WA, 98037, Lynnwood, WA

$3,900,000

8900m²
Type: Retail

Description

Introducing an exceptional investment opportunity at 18205 SR-99 Unit 105, Lynnwood, WA. This 8,900 SF retail/freestanding building boasts a prime location and a solid leasing history, with 100% occupancy. Renovated in 2012, this commercial property offers a lucrative income stream, featuring a current rent of $204,000 per year at a 5.23% cap rate, with increasing yields through lease renewals up to 2042. Zoned for commercial use, this property presents a compelling prospect for retail investors seeking a reliable, high-performing asset. Don't miss out on this turnkey investment with promising rental escalations and strong potential for long-term returns.

Agent Information

Location

18205 SR-99 Unit 105, Lynnwood, WA, 98037, Lynnwood, WA

Data

Object TypeRetail
Purchase Price$3,900,000
Living Space8900 m²
Plot Size2913.74 m²
BathroomsN/A
Construction Year1977
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1977
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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