Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of the CLS Building, located in Lynnwood, WA. The CLS Building is a 15,976 SF professional office building located adjacent to the newly completed Lynnwood Light Rail Station. The property houses tenants in a variety of industries, and offers direct access to dense residential communities and key employment centers. Currently 79% occupied, it provides investors with immediate cash flow and a prime opportunity to implement a valueadd strategy in one of the region’s fastest-growing submarkets. The property has a City Center West zoning designation in the City Center District, which is designed to promote higher density housing, retail and restaurants, and professional uses. The property is well-positioned for eventual redevelopment at a maximum height of 140 feet.