Lynnwood, WA Commercial Real Estate for Lease and Sale

Explore 69 listings of Lynnwood commercial real estate to find the best space for your business.

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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Lynnwood Center

19715 US Highway 99, Lynnwood, WA
Property

Retail

164,599 SF
Availability

2 Spaces

5,505 SF
Year Built

1990
For Lease Contact for pricing
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5631 208th Street SW

5631 208th Street SW, Lynnwood, WA
Property

Industrial

18,800 SF
Availability

1 Space

18,000 SF
For Lease

$1.25/SF/MO
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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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North Lynnwood Office Building

14807 HWY 99, North Lynnwood, Lynnwood, WA
Property

Office

26,316 SF
For Sale

$6,400,000
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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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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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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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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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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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For Sublease: Redstone Corporate Center One

19020 33rd Ave W, Lynnwood, WA
Property

Office
Availability

1 Space

6,991 SF
For Lease Contact for pricing
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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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4720 200th Street SW

4720 200th Street SW, Lynnwood, WA
Property

Office

15,692 SF
Availability

1 Space

1,873 SF
For Lease

$20.00/SF/YR
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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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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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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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19210 33rd Avenue West

19210 33rd Avenue West, Lynnwood, WA
Property

Industrial

34,675 SF
Availability

1 Space

6,016 SF
Year Built

1984
For Lease

$20.00/SF/YR
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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

Martha Lake Business Park

Lynnwood Center

5631 208th Street SW

Parkland Plaza

North Lynnwood Office Building

3115 196th Street SW

Walmart - 164th Street Crossing

18930 29th Avenue West

Alderwood East Shopping Center

Carstens Building

For Sublease: Redstone Corporate Center One

Newberry Square

4720 200th Street SW

5522 208th Street SW

20630 56th Avenue West

20630 56th Avenue West

19210 33rd Avenue West

Frequently Asked Questions

Lynnwood, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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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About us