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Lakeside at Canyon Park Shopping Center - Availability Details

Off-Market

24040 Bothell Everett Hwy, Bothell, WA 98021

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  • Property Type Retail - Neighborhood Center
  • Property Size 121,833 SF
  • Lot Size 11.48 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2011

Location

  • City Bothell, WA
  • Neighborhood Lake Pleasant
  • Zip Code 98021
  • Market Seattle

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 16 Mar, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Bothell

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Bothell Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $27.11
  • 2020 Office Vacancy Rate 7.19%
  • 2020 Office Completions (SF)

Bothell Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $266.05
  • Y-o-Y Avg. PpSF Change 13.03%
  • 2020 Office Sales Volume $97.9M
  • 2020 Number of Transactions 3

Tax

  • Property Tax in 2022 $279,961
  • Market Value* $30,370,900
  • Assessed Value $30,370,900

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.