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TransACT Building 5105 200th St SW

5,928 SF Vacant Office Building Lynnwood, WA 98036 $3,645,145 CAD ($615 CAD/SF)

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Investment Highlights

WELL SUITED FOR MANY USES
LOCATION LOCATION LOCATION

AMPLE PARKING
ABUTTING GREEN SPACE AND PARK ACROSS THE STREET

Executive Summary

Owner occupied office building that is well suited for many uses from office, counseling, health, accounting & financial services, etc., etc., most all services due to the ideal location and abundant parking on site along with close to many supporting businesses including proximity to the new Light Rail Station. Ideal fit for many uses and an EXCELLENT OPPORTUNITY for OWNER/USER with entire 2nd floor available that offers a light filled open floor plan with 4-6 private offices, two conference rooms, lunch-break room, storage, private restrooms, and two entrance/exits. Excellent tenants currently occupy 1st floor. *Updating Financials* Upper floor tenant suite #200 is currently rented at $9,622.74 per month thru 10-31-24. Suite #100 Edward Jones is leased thru 2028 with current rent at $2,898.18. The owner, suite #110, does not pay rent, however at the same rate as Edward Jones the other ground floor tenant = $3,860.39

Financial Summary (Actual - 2023) Click Here to Access	Annual (CAD)	Annual Per SF (CAD)
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes (CAD)
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Total Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

5,928 SF

Building Class

Year Built

1988

Price

$3,645,145 CAD

Price Per SF

$615 CAD

Percent Leased

Vacant

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

2,964 SF

Building FAR

0.13

Land Acres

1.07 AC

Opportunity Zone

Yes

Zoning

PUD

Parking

23 Spaces (3.88 Spaces per 1,000 SF Leased)

Amenities

24 Hour Access
Bus Line

Pond
Signage

Air Conditioning

Balcony

Space Availability

2nd Fl-Ste 200
1,482-2,964 SF
Office
Full Build-Out
Now

Well maintained two-story office building with an efficient layout that allows for natural light and a wall of windows along the offices overlooking the natural preserve buffer area and park making for an ideal work environment. Everything you need and more. Ample parking, excellent location close to all services, new light rail, and more. Please see virtual tour link and reach out anytime with questions. Excellent Landlord. This is a well maintained building. Tenant pays electricity, gas and janitorial to their subject space.

Space	Size	Space Use	Condition	Available
2nd Fl-Ste 200	1,482-2,964 SF	Office	Full Build-Out	Now

Size

1,482-2,964 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

PROPERTY TAXES

Parcel Number	006084-001-004-03	Total Assessment	$3,384,414 CAD (2024)
Land Assessment	$1,003,769 CAD (2024)	Annual Taxes	-$1 CAD ($0.00 CAD/SF)
Improvements Assessment	$2,380,645 CAD (2024)	Tax Year	2023