20121 Cedar Valley Rd
Lynnwood WA 98036
Stoneway Electric Supply Company
20121 Cedar Valley Rd Lynnwood WA 98036
Listing #: 680999 | Status: Available | Last Modified: 9/25/2024 |
For Sale
- Phone:(206) 773-2683
- Email:caberg@lee-associates.com
- Office Name:Lee & Associates Commercial RE
- Office Phone:(425) 454-4242
- Office Website:
- Agent Phone:(425) 454-4242
- Agent Email:jbowles@lee-associates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,225,000.0
- $/SF$ 567.1
- Listing StatusAvailable
- Days on Market151
- Asset ClassRetail, Industrial, High Tech-Flex
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count
- Crane Count
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF2160
- Net Rentable Area2160
- Total Office SF
- Largest Contiguous SF
- Lot SF59242
- Acres1.36
- Property TypeRetail
- Office Type
- Building Class
- CountySnohomish
- Vicinity
- Location Description
- Second Address
- Cross Street200th
- Market AreaLynnwood
- Tax ID #00608400300203
- Additional Parcels
- ZoningCommercial
- Year Built1966
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
100% Leased Investment Property for Sale
The 20121 Cedar Valley Road property offers an exceptional investment opportunity. The Property is 59,242 SF, it is zoned Commercial (City of Lynnwood), includes a 2,160 SF building, has 4,000 SF of paved and fenced yard area, and has been 100% leased to Stoneway Electric Supply Company for the past 28 years; Stoneway just renewed their lease for another 5 years (LXD 10/31/28). Stoneway Electric is financially very strong; they have 15 locations in Washington and 2 locations in Idaho. The Property is also less than 2 blocks from the newly constructed Lynnwood Light Rail Transit Center, with close proximity to the I-5 freeway, as well as other numerous restaurants and services in the Lynnwood City Center. In addition to being an excellent investment property, the Property is ideally situat