Freestanding Building for Sale
18205 SR-99 Unit 105 | Lynnwood, WA , US
highlights
property
details
property
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.
location
description
PROPERTY DESCRIPTION Location & Visibility -- Near Car Dealerships and Rental Car Company The subject property occupies a strategic corner position on SR-99 in Lynnwood, a major north-south commercial corridor serving the Greater Seattle metropolitan area. The site benefits from exceptional daily traffic exposure (35, 000–40, 000 vehicles ADT), multi-point street frontage, and high visibility signage opportunities that maximize tenant profitability and brand presence. • Prime Corner Configuration: Pie-shaped lot (0.72 acres) with multiple tenant access points and superior road visibility—rare commercial real estate advantage that enhances operational functionality and retail/service tenant appeal. Building & Site Characteristics • Building Size: 8, 900 SF single-tenant net lease structure • Land Area: 0.72 acres; corner lot with pie-shaped configuration • Lot Shape: Multiple ingress/egress points; exceptional corner visibility • Construction: 1977; updated 2012 • Recent Capital: Roof replaced; structural and mechanical systems modernized • Parking: Adequate on-site parking for automotive service operations