Sparling Technology Center $16,500,000
  4100 194th St SW
Lynnwood, WA 98036   View Map
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Commercial Property

Property Description:
Listing Type: For Sale
Status: Available
Property Type: Office
CBA ID#: 585794

Marketing Description:
The 69,798 square foot Class A office building is 96.6% leased to a well-diversified list of tenants including the anchor tenant, Stantec (NYSE: STN - $2.3 billion market cap). Stantec, occupying 42% of the rentable area, has been a tenant since the completion of the building in 2000 and recently extended their lease through August, 2021. The five story concrete and steel building with structured parking is located in the heart of the Lynnwood CBD and within walking distance of the 1.3 million square foot Alderwood Mall, several restaurants, and retail amenities. The property is also conveniently located near both I-5 and I-405 as well as within blocks of the Lynnwood Sound Transit light rail station due to open in 2023. Current CAP Rate: 7.48%.
Building Features:
  • Building Size: 69798 SqFt
  • Number of Floors: 5
  • Year Built: 2000
Land Features:
  • Lot Size: 58806 SqFt
  • Lot Acreage: 0.000 Acres
  • Zoning: 2704153
  • Total Parking: 227
  • Covered Parking: 138
This Listing Supplied Courtesy of Kidder Mathews
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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