Industrial Properties
19020 Highway 99 Lynnwood, WA 98036
Details & Description
Price: $5,200,000
    NAI Puget Sound Properties is proud to offer this well-located, single tenant asset leased by a national credit company (SRS Distribution, Inc. – 300+ locations nationwide). The property benefits from its high visibility, easy access, attractive space breakdown between warehouse and showroom, and expansive yard area that is becoming extremely rare to find close in to Seattle. With nearly 4 years of term remaining, investors can reap the benefits of consistent cash flow with escalating annual rents from a strong tenant that has leased this property since 2012, while having minimal maintenance responsibility from the in-place NNN lease.
    Listing Agents
    Talor Okada

    O: 425-586-5605
    M: 425-492-5145
    tokada@nai-psp.com
    John Vernon

    O: 425-586-5638
    M: 206-550-6520
    jvernon@nai-psp.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    19020 Highway 99

    Lynnwood, WA 98036

    Listing ID: 245309
    • 19020 Highway 99 Lynnwood, WA 98036 | for Sale | Photo 1
    • 19020 Highway 99 Lynnwood, WA 98036 | for Sale | Photo 2
    • 19020 Highway 99 Lynnwood, WA 98036 | for Sale | Photo 3
    19020 Highway 99 | for Sale | Thumbnail 1
    19020 Highway 99 | for Sale | Thumbnail 2
    19020 Highway 99 | for Sale | Thumbnail 3
    Building Size: 11,932 SF
    Lot Size: 1.660 AC
    Land Size: 72,309 SF
    Building $/SF: $435.80
    Land $/SF: $71.91
    Price
    $5,200,000
    Description

    NAI Puget Sound Properties is proud to offer this well-located, single tenant asset leased by a national credit company (SRS Distribution, Inc. – 300+ locations nationwide). The property benefits from its high visibility, easy access, attractive space breakdown between warehouse and showroom, and expansive yard area that is becoming extremely rare to find close in to Seattle. With nearly 4 years of term remaining, investors can reap the benefits of consistent cash flow with escalating annual rents from a strong tenant that has leased this property since 2012, while having minimal maintenance responsibility from the in-place NNN lease.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Seattle History of Industrial Properties for Sale

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    Lynnwood Area Market Trends

    Listing Demographics for 19020 Highway 99 Lynnwood, WA 98036

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population18,339126,887295,991
    Population Median Age404039
    Population by Age0-9 Yrs2063 (11%)14004 (11%)35107 (11%)
    10-19 Yrs2061 (11%)13973 (11%)31795 (10%)
    20-29 Yrs2804 (15%)18379 (14%)40377 (13%)
    30-39 Yrs2327 (12%)18212 (14%)45212 (15%)
    40-49 Yrs2678 (14%)16987 (13%)40547 (13%)
    50-59 Yrs2255 (12%)17712 (13%)39921 (13%)
    60-69 Yrs1915 (10%)14617 (11%)33973 (11%)
    70+ Yrs2236 (12%)13002 (10%)29059 (9%)
    Median HH Income$60,289$81,485$87,952
    Total Household Income< 24K1642 (23%)5920 (12%)12298 (10%)
    25-49K1194 (17%)7670 (15%)17002 (14%)
    50-74K1469 (20%)8622 (17%)18603 (16%)
    75-99K730 (10%)7306 (15%)17104 (15%)
    100-199K1656 (23%)14114 (29%)35992 (31%)
    200K+310 (4%)4582 (9%)12532 (11%)
    Highest Education LevelNo Diploma1996706414347
    Diploma or GED24901722037045
    Some College36562295249169
    Assoc. Degree1495975722234
    Bachelors Degree24892302258277
    Higher Degree8991060430593
    Total Housing Units7,35150,327118,759
    --Owner-Occupied3,56729,47572,170
    --Renter-Occupied3,43318,73941,360
    Owner-Occupied Values< 100K33610122272
    100-199K27013212662
    200-299K51529226333
    300-399K855695114660
    400-499K814651015871
    500K+7781075830371
    Total Working Age Population14,877104,256240,687
    In Work Force9,02770,009164,761
    Not In Work Force5,85034,24775,926
    Workforce Employed8,77367,238158,270
    Workforce Unemployed2402,5796,105
    Civlian Workforce9,01369,817164,374
    Military Workforce14191387
    Total Households7,00048,214113,530
    Family Households4,34832,20375,667
    Non-Family Households2,65216,01137,863
    Married Couple2,90223,81359,133
    Other Family1,4468,39016,534
    Married w/Child1,0829,43624,742
    Single Male w/Child2121,2752,607
    Single Female w/Child6722,7245,452

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Washington5,894,121+146,724,540+147,638,415+118,503,178
    Island County71,558+1078,506+784,044+789,848
    King County1,737,034+111,931,249+162,231,408+112,474,625
    Snohomish County606,024+18713,335+18841,998+14955,910

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 19020 Highway 99 in Lynnwood?
    The asking price for 19020 Highway 99 is $5,200,000
    What is the building size of this Industrial property in Lynnwood, WA?
    The size of the building/unit at 19020 Highway 99 in Lynnwood is 11,932 square feet
    How much land does the Lynnwood, WA property at 19020 Highway 99 include?
    19020 Highway 99 in Lynnwood includes 1.660 acres of land
    What kind of Industrial is the propery at 19020 Highway 99?
    The property at 19020 Highway 99 Lynnwood, WA 98036 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 19020 Highway 99 in Lynnwood?
    The population within 1 mile of 19020 Highway 99 Lynnwood, WA 98036 is 18,339 people.
    Who do I contact for questions about 19020 Highway 99?
    You should contact the listing agent, Talor Okada, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Boeing Field King County International Airport (BFI) 20
    Seattle Tacoma International Airport (SEA) 26
    Portland International Airport (PDX) 155