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Aerial corner view of CLS Building in Lynnwood, WA with surrounding development

CLS Building | Lynnwood, WA

THE VARA GROUP is pleased to present the exclusive offering of the CLS Building, a 15,976 SF professional office property located in Lynnwood, WA. Strategically positioned adjacent to the newly completed Lynnwood Light Rail Station, the CLS Building offers direct access to dense residential communities and major employment centers.

 

Currently 79% occupied by a diverse mix of essential service tenants, the property provides immediate in-place income with a prime opportunity for value-add investment. Zoned City Center West within Lynnwood’s City Center District, the site supports high-density redevelopment up to 140 feet—offering exceptional long-term potential. The CLS Building represents a rare owner-user or investment opportunity in one of the fastest-growing submarkets in the Puget Sound region.


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  • Property Overview

    • Address: 4720 200th St SW, Lynnwood, WA 98036
    • Rentable Building Area: 15,976 SF
    • Price Per Square Foot: $208.44
    • Land Area: 43,124 SF
    • Price Per Land SF: $77.22
    • Zoning: City Center West
  • Investment Highlights

    • Owner-User or Investment Opportunity
    • Exceptionally Located
    • Future Development Potential
    • Excellent Demographics
    • Significant Nearby Development
    • Essential Service Tenant Base
$3,330,000.00Price
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