Alderwood East Shopping Center

18920 28th Avenue West, Lynnwood, WA 98036

Property Information

  • For Lease $36.00/SF/YR
  • Property Type Retail - Neighborhood Center
  • Property Size 70,327 SF
  • Lot Size 6.09 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Date Updated Jul 7, 2026

Description

Alderwood East Shopping Center is a 70,327-square-foot neighborhood center set on a 6.09-acre lot at 18920 28th Avenue West in Lynnwood, WA. Built in 1984, the property provides surface-level space consistent with a suburban retail center of its era. Lynnwood is a city in Snohomish County, situated approximately 16 miles north of Seattle along the I-5 corridor. The surrounding area is characterized by established residential neighborhoods and retail corridors, with the Alderwood Mall area serving as a regional commercial hub nearby.

1 Space Available

#B-C

Space Type

Retail

Lease Rate

$36.00/SF/YR

Total Space

3,384 SF

Additional Rent

$8.38/SF/YR

Divisible Space

3,384 - 3,384 SF

Available Date

Sep 30, 2026

Lease Type

NNN

Renewal Option

Yes

Sublease

No

• High Exposure Frontage on Alderwood Mall Blvd Near I-5

• Heavy Foot Traffic Location

• 24 Hour Fitness Anchored Center

• Other Tenants Include Daiso, Plato’s Closet, Chop It Up

Barbershop, & DXL

• 198,000 Cars per Day on I-5

• 20,000+ Cars per Day on 28th Avenue

Contacts

Location

Contact Alderwood East Shopping Center
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