Lynnwood, WA Commercial Real Estate for Lease and Sale

Explore 68 listings of Lynnwood commercial real estate to find the best space for your business.

Lynnwood Cedar Valley Park Office Building

20102 Cedar Valley Road, Lynnwood, WA
Property

Office

9,530 SF
Availability

2 Spaces

2,835 SF
For Lease

$18.00/SF/YR
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Lynnwood Financial Center II - Office

19031 33rd Ave W, Lynnwood, WA
Property

Office

48,550 SF
Availability

6 Spaces

19,154 SF
For Lease

$9.50 - $18.00/SF/YR
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2122 164th Street SW

2122 164th Street SW, North Lynnwood, Lynnwood, WA
Property

Office

25,233 SF
Availability

3 Spaces

9,748 SF
Year Built

2001
For Lease

$17.75/SF/YR
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Alderwood Business Center

3400 188th Street SW, Lynnwood, WA
Property

Office

198,304 SF
Availability

11 Spaces

32,061 SF
Year Built

1986
For Lease

$23.00 - $24.50/SF/YR
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Office Coworking Retail Industrial

Office Industrial Land
Office/flex spaces for lease in Lynnwood

20818 44th Ave. W, Lynnwood, WA
Property

Office
Availability

1 Space

1,227 SF
For Lease Contact for pricing
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CENTERS III BUSINESS CENTER

18908 Highway 99, Lynnwood, WA
Property

Flex Space

13,432 SF
Availability

1 Space

1,823 SF
Year Built

1955
For Lease

$16.00/SF/YR
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5907 196th St SW

5907 196th St SW, Lynnwood, WA
Property

Retail

8,448 SF
Availability

1 Space

5,120 SF
For Lease

$22.00/SF/YR
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19000 33rd Avenue West

19000 33rd Avenue West, Lynnwood, WA
Property

Office

30,884 SF
Availability

3 Spaces

5,933 SF
Year Built

1989
For Lease

$20.00 - $21.00/SF/YR
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Redstone Corporate Center I

19020 33rd Avenue West, Lynnwood, WA
Property

Office

202,273 SF
Availability

7 Spaces

38,059 SF
Year Built

2002
For Lease Contact for pricing
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Lynnwood Financial Center

19009 33rd Avenue West, Lynnwood, WA
Property

Office

26,319 SF
Availability

5 Spaces

9,863 SF
Year Built

1986
For Lease

$25.00 - $27.00/SF/YR
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Northview Corporate Center

20700 44th Avenue West, Lynnwood, WA
Property

Office

182,009 SF
Availability

7 Spaces

47,652 SF
Year Built

1991
For Lease Contact for pricing
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6016 204th St SW

6016 204th Street Southwest, Lynnwood, WA
Property

Office

16,490 SF
Availability

1 Space

2,354 SF
Year Built

1963
For Lease Contact for pricing
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Lynnwood Industrial/Office

19420 21st Ave W, Alderwood Manor, Lynnwood, WA
Property

Industrial

10,614 SF
Year Built

1930
For Sale

$2,500,000
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Alderwood Towne Center

3225 Alderwood Mall Blvd., Lynnwood, WA
Property

Retail

106,442 SF
Availability

1 Space

2,942 SF
Year Built

1986
For Lease

$34.00/SF/YR
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Alderwood Business Campus

19101 36th Avenue West, Lynnwood, WA
Property

Office

138,665 SF
Availability

10 Spaces

25,121 SF
Year Built

1985
For Lease

$1.65 - $27.50/SF/YR
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Warehouse/office building with fenced & secured yard

19125 60th Ave W, Lynnwood, WA
Property

Industrial
Availability

1 Space

1,729 SF
For Lease Contact for pricing
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Lynnwood Corporate Center

19401 40th Avenue West, Lynnwood, WA
Property

Office

73,073 SF
Availability

7 Spaces

14,873 SF
Year Built

1989
For Lease

$23.00 - $40.36/SF/YR
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5105 200th St SW

5105 200th St SW, Lynnwood, WA
Property

Office

5,928 SF
Year Built

1988
For Sale

$2,595,000.00
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6812 196th St SW

6812 196th St SW, Lynnwood, WA
Property

Retail

1,700 SF
Availability

1 Space

1,700 SF
For Lease

$26.00/SF/YR
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Northpointe Corporate Center II

16201 25th Avenue West, North Lynnwood, Lynnwood, WA
Property

Office

70,400 SF
Availability

1 Space

71,400 SF
Year Built

2007
For Lease Contact for pricing
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Cedar Valley Office Park

20102 Cedar Valley Rd, Lynnwood, WA
Property

Office

9,530 SF
Year Built

1978
For Sale

$2,595,000
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Sparling Technology Center

4100 194th Street SW, Lynnwood, WA
Property

Office

63,225 SF
Availability

8 Spaces

29,690 SF
Year Built

2000
For Lease

$22.00/SF/YR
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Northview Corporate Center Building C

20816 44th Avenue W, Lynnwood, WA
Property

Office
Availability

1 Space

14,835 SF
For Lease Contact for pricing
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Mukilteo Gateway Site

13603 Lake Road, Lynnwood, WA
Property

VacantLand
Availability

1 Space

30,000 SF
For Lease

$0.25/SF/MO
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Echlynn Building

6520 212th Street SW, Lynnwood, WA
Property

Office

8,100 SF
Availability

1 Space

1,816 SF
Year Built

1977
For Lease

$18.00/SF/MO
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Northpointe Corporate Center I

15815 25th Avenue West, North Lynnwood, Lynnwood, WA
Property

Office

87,385 SF
Availability

1 Space

87,385 SF
Year Built

2007
For Lease Contact for pricing
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Lynnwood Professional Center

5017 196th St SW, Lynnwood, WA
Property

Office

11,346 SF
Availability

2 Spaces

3,000 SF
Year Built

1965
For Lease Contact for pricing
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16825 48th Avenue West
Creative Workspace
16825 48th Avenue West, Lynnwood, WA
Services

Meeting Room

Private Office
Amenities

Break room

High-speed wifi

Kitchen

TV/Monitor

White boards

Window view
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Office/Showroom & Warehouse on 1.66 Acres For Lease

19020 Hwy 99, Lynnwood, WA
Property

Industrial
Availability

1 Space

11,932 SF
For Lease Contact for pricing
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18930 29th Avenue West

18930 29th Avenue West, Lynnwood, WA
Property

Sport / Entertainment

1,100 SF
Availability Contact for availability

For Lease Contact for pricing
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2518 196th Street SW

2518 196th Street SW, Lynnwood, WA
Property

Retail

16,314 SF
Availability

1 Space

15,400 SF
For Lease Contact for pricing
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Alderwood Parkway Plaza

18031 36th Avenue West, Lynnwood, WA
Property

Retail

47,572 SF
Availability

1 Space

39,480 SF
Year Built

1983
For Lease Contact for pricing
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Office space for lease in Lynnwood near new Link Light Rail station

4211 Alderwood Mall Blvd, Lynnwood, WA
Property

Office
Availability

1 Space

1,342 SF
For Lease Contact for pricing
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20630 56th Avenue West

20630 56th Avenue West, Lynnwood, WA
Property

Industrial

38,029 SF
Availability

1 Space

6,000 SF
Year Built

1959
For Lease Contact for pricing
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15615 & 15701 Pacific Way & 15615 40th Avenue West

15615 Pacific Way, North Lynnwood, Lynnwood, WA
Property

Retail

35,313 SF
Availability

5 Spaces

23,799 SF
Year Built

1947
For Lease

$1.15 - $1.85/SF/YR
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Martha Lake Business Park

16531 13th Avenue West, Larch Way, Lynnwood, WA
Property

Industrial

35,945 SF
Availability

1 Space

4,513 SF
Year Built

2002
For Lease

$1.35/SF/MO
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20630 56th Avenue West

20630 56th Avenue West, Lynnwood, WA
Property

Industrial

37,986 SF
Year Built

1959
For Sale

$9,958,000
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3000 196th Street SW

3000 196th Street SW, Lynnwood, WA
Property

Retail

13,440 SF
Availability

1 Space

13,440 SF
For Lease Contact for pricing
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Lynnwood East Business Park

2027 196th Street SW, Alderwood Manor, Lynnwood, WA
Property

Industrial

59,445 SF
Availability

2 Spaces

8,203 SF
Year Built

1986
For Lease

$2.00 - $28.00/SF/YR
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Walmart - 164th Street Crossing

1330-1424 164th St SW, Larch Way, Lynnwood, WA
Property

Retail

144,053 SF
Availability Contact for availability
Year Built

2000
For Lease Contact for pricing
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21313 & 21323 68th Avenue West

21313 68th Avenue West, Lynnwood, WA
Property

Industrial

28,369 SF
Availability

1 Space

6,258 SF
Year Built

2005
For Lease

$20.00/SF/YR
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16126 LARCH WAY

16126 LARCH WAY, Larch Way, Lynnwood, WA
Property

VacantLand

1.03 Acre
For Sale

$2,080,000
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5522 208th Street SW

5522 208th Street SW, Lynnwood, WA
Property

Industrial

20,197 SF
Availability

1 Space

5,167 SF
For Lease

$15.75/SF/YR
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Former Ritz Furniture

20423 Hwy 99, Lynnwood, WA
Property

Retail

25,467 SF
For Sale

$6,000,000
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Alderwood East Shopping Center

18920 28th Avenue West, Lynnwood, WA
Property

Retail

70,327 SF
Availability

1 Space

1,075 SF
Year Built

1984
For Lease

$40.00/SF/YR
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Lynnwood Crossroads

6218 196th Street SW, Lynnwood, WA
Property

Retail

123,724 SF
Availability

1 Space

1,405 SF
Year Built

2012
For Lease

$45.00/SF/YR
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The Woods Industrial Park

6815 216th Street SW, Lynnwood, WA
Property

Industrial

23,000 SF
Availability

1 Space

9,230 SF
For Lease Contact for pricing
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Colony Park Business Center

19011 36th Avenue West, Lynnwood, WA
Property

Industrial

82,467 SF
Availability

1 Space

1,843 SF
Year Built

1980
For Lease

$16.20/SF/YR
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Newberry Square

16006 - 16110 Ash Way, North Lynnwood, Lynnwood, WA
Property

Office

62,258 SF
Availability

3 Spaces

3,213 SF
For Lease Contact for pricing
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Carstens Building

4230 198th St SW, Lynnwood, WA
Property

Office

6,435 SF
Availability

1 Space

6,400 SF
For Lease Contact for pricing
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3115 196th Street SW

3115 196th Street SW, Lynnwood, WA
Property

Retail

37,040 SF
Availability

1 Space

30,080 SF
Year Built

2000
For Lease

$27.00/SF/YR
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Parkland Plaza

19725 40th Ave W, Lynnwood, WA
Property

VacantLand

21,000 SF
Availability

1 Space

21,000 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lynnwood commercial real estate market incorporates 1,288,731 square feet of office space across 30 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lynnwood commercial real estate market includes 893,720 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lynnwood market, there is a total of 504,636 square feet of industrial property.

The listing inventory in Lynnwood incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lynnwood is represented by Office space, which accounts for 441,408 square feet of available listings. Retail space available in Lynnwood adds up to 136,133 square feet.

Meanwhile, most of the listings of commercial property for sale in Lynnwood are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lynnwood is $19.78 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lynnwood can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $32.95 per square foot, industrial space in Lynnwood saw average rents of $17.31 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lynnwood, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $41 per square foot. In particular, the property type commanding the highest lease rates in Lynnwood was Retail space.

The average size of a commercial property in Lynnwood depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lynnwood, the average size of an office property is 64,437 square feet.
Retail properties here incorporate an average of 59,582 square feet.
Industrial space in Lynnwood is in buildings that are, on average 29,685 square feet in size.

Lynnwood, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lynnwood currently add up to 713,054 square feet. The market offers 28 active office listing(s), which amount to 445,313 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 133,038 square feet across 18 retail space(s). Industrial space for rent opportunities in Lynnwood amount to 81,880 square feet across a total of 14 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	28	445,313
Retail	18	133,038
Industrial	14	81,880
Other	4	52,823

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lynnwood, WA. Currently, there is 172,557 square feet of commercial property for sale here , which includes 3 office building(s) for sale , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	41,774
Industrial	5	110,558
Other	2	20,225

Lynnwood, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lynnwood, WA?

What factors affect the price of commercial real estate in Lynnwood, WA?

What is the average rent for commercial space in Lynnwood, WA?

What are the best areas for commercial real estate in Lynnwood, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lynnwood, WA?

Lynnwood, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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