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Two Northline

Off-Market

NWC 44th Avenue West & 200th Street SW, Lynnwood, WA 98036

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  • Property Type Office - General Office
  • Property Size 259,400 SF
  • Lot Size 19.09 Acre
  • Parking Spaces Avail. 907
  • Parking Ratio 3.50/ 1,000 SF

Location

  • City Lynnwood, WA
  • Zip Code 98036
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Lynnwood

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Lynnwood Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $30.40
  • 2020 Office Vacancy Rate 14.78%
  • 2020 Office Completions (SF)
View more Lynnwood market trends

Tax

  • Property Tax in 2022 $1,129,329
  • Base Tax $16,997
  • Market Value* $127,839,800
  • Assessed Value $127,839,800

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Two Northline?

Two Northline totals 259,400 square feet.

What is the property tax for Two Northline?

The property tax for Two Northline in 2022 was $1,129,329.

What is the market value for Two Northline?

The market value* for Two Northline in 2022 was $127,839,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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