Industrial Property - For Sale
19020 Highway 99 Lynnwood, WA 98036
Details & Description
Price: $5,200,000
  • Property Type Industrial : Warehouse
  • Lot Size Acres 1.660
  • Building Sq Ft 11,932
  • Building Price per Sq Ft $435.80
  • Land Sq Ft 72,309
  • Land Price per Sq Ft $71.91
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
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
$5,200,000
For Sale
  • Property Type Industrial : Warehouse
  • Lot Size Acres 1.660
  • Building Sq Ft 11,932
  • Building Price per Sq Ft $435.80
  • Land Sq Ft 72,309
  • Land Price per Sq Ft $71.91
  • 19020 Highway 99 Lynnwood, WA 98036 - main image
  • 19020 Highway 99 Lynnwood, WA 98036 - alt image 2
  • 19020 Highway 99 Lynnwood, WA 98036 - alt image 3
19020 Highway 99 - main image
19020 Highway 99 - alt image 2
19020 Highway 99 - alt image 3
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.

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