lynnwood retail investment memorandum · lynnwood retail investment kidder mathews | offering...

LYNNWOOD RETAIL INVESTMENT

Alderwood Mall Blvd

196th St SW

44th

Ave

W

PARK & RIDE / LYNNWOOD TRANSIT CENTER

SOUND TRANSIT LYNNWOOD LINK EXTENSION PLANNED FOR 2023 160,000 VPD

LYNNWOOD RETAIL INVESTMENTOFFERING MEMORANDUM

Lynnwood, WA

Table of Contents

Contact Information

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Kidder Mathews and should not be made available to any other person or entity without the written consent of Kidder Mathews.

This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Kidder Mathews has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, current or past tax payments, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Kidder Mathews has not verified, and will not verify, any of the information contained herein, nor has Kidder Mathews conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Recipient of this report must verify the information and bears all risk for any inaccuracies.

Erik [email protected]

Mike [email protected]

Corey [email protected]

kiddermathews.com

Executive SummaryThe Offering

Investment Highlights

Property Summary

Retail Aerial

Site Plan

Financial AnalysisPricing Summary

Lease Abstract

Tenant Profile

Location & Market OverviewSite Overview

Location Map

Demographics

Zoning Info

Lynnwood Link Extension


01

02

03

04

Executive Summary

01

The Offering

Investment Highlights

Property Summary

Retail Aerial

Site Plan


KIDDER MATHEWS | OFFERING MEMORANDUM 4LYNNWOOD RETAIL INVESTMENT

Situated at the intersection of Alderwood Mall Parkway and 40th Avenue West in Lynnwood, Washington, the property is comprised of a 5,165 square foot stand alone Chase Bank and a 5,170 square foot retail building currently occupied by a furniture store and a dentist.

The Chase Bank building includes a two lane drive through. Originally a Washington Mutual branch, this property has continuously operated as a bank since 1981. Chase recently extended their NNN lease for an additional 5 years through June 2020. The adjacent retail building is currently occupied by a dentist office and a furniture store on short term leases. This 0.86 acre site is prominently visible to more than 160,000 passing vehicles on Interstate 5. It is zoned City Center Core which includes a high-rise capable height limit of up to 350 feet and a FAR of 10 with incentive zoning. Less than a block away, construction is scheduled to begin in 2018 on the Lynnwood Link Extension for light rail between Seattle and Lynnwood. The rider projections are estimated between 63,000 - 74,000 riders each weekday by 2035. Today, more than 15,000 cars pass directly by this property every day on Alderwood Mall Parkway and 40th Avenue West.

The Offering

$3,010,000

100%

$294.09

10,235

37,462

Offering Price

Occupancy

Price per SF

Property SF

Land SF

Investment Summary


Long Term Upside

Owner user or investment site with long term redevelopment upside. Strong Credit TenantPassive income from Chase Bank provides reliable cash flow for owner.

Excellent Visibility on Signalized Hard CornerProminent location with exposure to 160,000 vehicles per day on Interstate 5.

Future Transit Oriented Development PotentialWalking distance to Lynnwood park and ride and future light rail station.

Favorable ZoningExisting drive through location. Core Commercial zoning allows for multi-story development.

Strong DemographicsOver 133,000 people within 3 miles with above average population and household growth rate of 7%.

Modern Used Furniture


PROPERTY SUMMARY

Address 4001 Alderwood Mall Blvd, Lynnwood, WA 98036

County Snohomish Parking ±48 Spaces

Gross Leaseable Area 10,235 SF Signage Pylon & Building Signs

Land Area 0.86 Acre Access 2 Ingress/Egress Driveways

Year Built 1981 Frontage 200’+ on 40th Ave W | 165’+ on Alderwood Mall Blvd


196th St SW

40th

Ave

W


Alderwood Mall Blvd



PARK & RIDE / LYNNWOOD TRANSIT CENTER

ALDERWOOD MALL

164th St SW

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44th

Ave

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DANIA

Financial Analysis

02

Pricing Summary



CURRENT RENT ROLL

TENANT UNIT # SIZE % RSFMONTHLY

RENTANNUAL RENT

ANNUAL RENT PSF

LEASE TYPECURRENT

TERM STARTCURRENT

TERM END

Chase Bank 1 5,165 50.46% $7,317.00 $87,804.00 $17.00 NNN 07/01/15 06/30/20

Modern Used Furniture 2 2,935 28.68% $2,292.00 $27,504.00 $9.37Modified

Gross12/01/14 11/30/16

Dentist 3 2,135 20.86% $0.00 $0.00 $0.00 NNN Month to Month Month to Month

GROSS LEASABLE AREA 10,235 $9,609 $115,308

PROFORMA RENT ROLL

TENANT UNIT # SIZE % RSFMONTHLY

RENTANNUAL RENT

ANNUAL RENT PSF

LEASE TYPECURRENT

TERM STARTCURRENT

TERM END

Chase Bank 1 5,165 50.46% $7,317.00 $87,804.00 $17.00 NNN 07/01/15 06/30/20

Modern Used Furniture 2 2,935 28.68% $4,891.67 $58,700.00 $20.00 NNN TBD TBD

Dentist 3 2,135 20.86% $3,558.33 $42,700.00 $20.00 NNN TBD TBD

GROSS LEASABLE AREA 10,235 $15,767 $189,204

PROFORMA NET OPERATING INCOME

PSF

Scheduled Rent (1) $189,204 $18.49

- Vacancy & Credit Loss (2) -$5,676 -$0.55

= Effective Gross Income $183,528 $17.93

- Structural Reserves (3) -$1,024 -$0.10

PROFORMA NET OPERATING INCOME $182,504 $17.83

$3,010,000PRICE

10,235 OCCUPIED SQUARE FEET

$294.09BUILDING PRICE/SF

1) Proforma rent after stabilization. Currently Modern Used Furniture on below market modified gross lease that terminates 11/30/2016. Dentist is related to the Seller and does not pay rent.

2) Lynnwood market vacancy factor of 3%

3) Structural reserves of $0.10/SF


TENANT START END MONTHLY RENT ANNUAL RENT ANNUAL RENT/SF % INCREASE COMMENTS

Chase Bank 03/01/16 06/30/20 $7,317 $87,804 $17.00

07/01/20 06/30/25 $9,374 $112,494 $21.78 28.12% Option Term 5

07/01/25 06/30/30 $10,312 $123,743 $23.96 10.00% Option Term 6

LEASE SUMMARY

Tenant/Guarantor JPMORGAN CHASE BANK

Lease Type NNN

HVAC Tenant Responsibility

Insurance Tenant Responsibility

Utilities Tenant Responsibility

Property TaxesTenant Responsibility (Landlord recaptures pro-rata share defined as 100% of the improvement value of the bank building and 70% of the total land value)

Roof & Structure Landlord Responsibility

Annual Base Rent (Current) $87,804

Annual Rent / SF $17.00

Security Deposit N/A

Original Lease Commencement 1/9/1980

Current Term Expiration 6/30/2020

Term Remaining on Lease 4+ Years

Renewal Options 2 - 5 Year Options Remaining

First Right of Purchase 30 Day notice to tenant

CHASE LEASE ABSTRACT

CHASE LEASE SUMMARY

The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to review the original lease to verify all information contained herein.

Tenant Profile

03



Tenant Profile

Chase Bank

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.6 trillion and operations worldwide. We serve nearly half of America’s households with a broad range of financial services, including personal banking, small business lending, mortgages, credit cards, auto financing and investment advice. Customers can choose how and where they want to bank; With more than 5,300 branches, 15,500 ATMs, mobile, online and by phone.

Locations 5,300+

Type Public (NYSE : JPM)

Credit Rating S&P A-

Location & Market Overview

04

Site Overview

Location Map

Demographics

Zoning Info

Lynnwood Link Extension



SITE OVERVIEW

AREA HIGHLIGHTS

• Signalized hard corner location

• Excellent visibility from Interstate 5

• Within a block of the future Lynnwood light rail station

• Zoned City Center - Core (CC-C) allowing for potential

multi-story redevelopment

• Features two drive through lanes


LOCATION MAP

Bainbridge Island

Bellevue

Shoreline


VANCOUVER BC 2 HOURS

SEATTLE 20 MINS BELLEVUE

25 MINS

Seattle


DEMOGRAPHICS

1 MILE 3 MILES 5 MILES

Census 2010 Summary

Population 12,440 121,688 290,685

Households 4,899 47,373 115,099

Families 2,986 30,640 74,727

Average Household Size 2.51 2.54 2.50

Owner Occupied Housing Units 2,219 29,708 74,910

Renter Occupied Housing Units 2,680 17,665 40,189

Median Age 34.7 37.2 38.3

2015 Summary

Population 12,762 126,552 308,004

Households 5,073 49,489 122,269

Families 3,069 31,932 79,129




Median Age 35.1 37.9 39.1

Median Household Income $51,996 $65,939 $71,102

Average Household Income $68,809 $82,374 $88,790

2020 Summary

Population 13,373 133,365 329,453

Households 5,336 52,239 130,879

Families 3,214 33,681 84,594




Median Age 35.5 38.3 39.5

Median Household Income $60,670 $77,532 $81,163

Average Household Income $79,221 $93,300 $100,621

Trends: 2015-2020 Annual Rate

Population 0.94% 1.05% 1.36%

Households 1.02% 1.09% 1.37%

Families 0.93% 1.07% 1.34%

Owner Households 0.82% 1.07% 1.32%

Median Household Income 3.13% 3.29% 2.68%

308,004

329,453

$100,621

5-MILE TRADE AREA DEMOGRAPHICS

Population (2015)

Estimated Population (2020)

Estimated Average Household Income (2020)


ZONING INFO

Overall Purpose

To create a distinct, strong identity for the city center, producing a heart for Lynnwood that is surrounded by solid neighborhoods

To provide opportunities to increase the city’s tax base, thereby helping to fund public improvements and public services

To encourage private and public investment, attract shoppers and visitors, and appeal to existing and new residents

To produce a concentration and a mixture of commercial, office, retail, residential, and civic uses within the city center

To develop a city center that supports pedestrian movement and use of public transit

To implement both the city’s comprehensive plan and the city center subarea plan

To promote attractive streetscapes and urban green spaces

Source: http://www.codepublishing.com/WA/Lynnwood/#!/Lynnwood21/Lynnwood2160.html

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LYNNWOODTRANSITCENTER

LYNNWOODPARK AND

RIDE

SCRIBERPARK

WILCOXPARK

CEDAR VALLEYCOMMUNITY

SCHOOL VETERANS PARK

LYNNWOODLIBRARY

LYNNWOODCIVIC

CENTER

FIRESTATION 15

LYNNWOODINTERMEDIATE SCHOOL

NORTHLYNNWOOD

PARK

CONVENTIONCENTER

ALDERWOODMALL

LYNNWOODPLACE

PIONEER PARK

STADLERRIDGEPARK

SPRUCEELEMENTARY

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OFFICE

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SOUTHLYNNWOOD

PARK

GOLDPARK

HERITAGEPARK

HALLLAKE

Effective through Ordinance #3143Effective date is 07/1/2015

Maintaineded by the City of Lynnwood Community Development Department

CITY OF LYNNWOODOFFICIAL ZONING MAP

Notes: 1. The existence of environmentally sensitive areas/critical areas and property-specific conditions may affectthe extent of land development allowed. 2. Source of parcel data: Snohomish County. 3. This map may contain

inadvertent error. Information depicted here should be verified by the user.

0 0.4 0.8Miles

NA great deal more

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City Limits County-DesignatedMUGA City-Designated MUGA

Zoning Map Extent

RESIDENTIALRS-8 - Residential 8400 Sq Ft

RS-7 - Residential 7200 Sq Ft

RS-4 - High Density Single Family 4000 Sq Ft

RML - Multiple Residential Low Density

RMM - Multiple Residential Medium Density

RMH - Multiple Residential High Density

MHP - Mobile Home Park

COMMERCIALACC - Alderwood-City Center Transition Area

B-1 - Community Business

B-2 - Limited Business

B-3 - Neighborhood Commercial

CG - General Commercial

PRC - Planned Regional Center

PCD - Planned Commercial Development

INDUSTRIALBTP - Business/Technical Park

LI - Light Industrial

OTHERP-1 - Public

Planned Unit Development

Gateway

Prominent

Frontage Landscaping! ! ! Interurban Trail

City Center District

College District

City Limits

MIXED-USECC-C - City Center Core

CC-W - City Center West

CC-N - City Center North

CDM - College District Mixed Use

CR - Commercial-Residential

HMU - Highway 99 Mixed Use

G:\GIS\Maps\ZONING\Zoning_Ord_3143

City Center – Core (CC-C). This zone is envisioned to have the highest intensity uses, especially office buildings, residences, and hotels contained within high-rise buildings. Shops and restaurants would be located along key streets, particularly the principal pedestrian corridor, referred to as the “Promenade” in the city center subarea plan. A major public open space would anchor the zone. Over time, parking would be increasingly located within parking structures. The convention center is located in the northeast corner of this zone.


BASIC DEVELOPMENT STANDARDS

Height

Minimum Building Height. The intent is that the city center zones accommodate dense urban form development and that all new development shall be built to at least the minimum building height. However, due to current economic conditions, in the first five years from the date of adoption of the ordinance codified in this chapter, this requirement is waived and if conditions are not improved beyond this five-year period, the city council may extend this waiver further. New development effective February 27, 2012: three stories at no less than 30 feet. This requirement shall not apply to uses predominantly characterized as places of public assembly featuring auditoriums or meeting facilities including but not limited to religious institutions, movie or performing arts theaters, symphony halls, and convention facilities.

Maximum Building Height. In the city center – core (CC-C) zone, the maximum building height shall be 350 feet

Basic Allowable Floor Area Ratio. The basic floor area ratio (FAR) of buildings in the city center shall be limited as shown in Table 21.60.1. The bonuses are described in subsection (C)(2) of this section.

MAXIMUM FAR DISTRICT

CC-C CC-W CC-N

Maximum allowable “as of right” for existing nonconforming sites and structures

Nonresidential 0.5 0.5 0.5

Residential 1.0 1.0 1.0

Maximum allowable FAR “as of right” for new development

Nonresidential 2.0 2.0 2.0


Maximum with bonusesNonresidential 8.0 3.0 3.0



LYNNWOOD LINK EXTENSION

Overall Purpose

The Lynnwood Link Extension is a key part of Sound Transit’s mass transit system expansion approved by voters in 2008. Targeted for completion in late 2023, 8.5 miles of light rail will extend from the Northgate Station to the Lynnwood Transit Center. Lynnwood Link will carry riders each weekday through some of the worst traffic congestion in Washington state. This extension builds on north-end segments to the University of Washington and Northgate, currently in construction and targeted for service in 2016 and 2021, respectively. Riders will also be able to connect with the East Link extension, targeted for service in 2023. Voter-approved extensions will bring 36 new miles of service to the north, south and east, creating more than 50 miles of regional light rail in 2023.

Sound Transit began the Lynnwood Link Extension in 2010, evaluating a variety of routes to extend the mass transit system from Northgate to Lynnwood. The publication of the Draft Environmental Impact Statement (EIS) in July 2013 kicked off a comprehensive environmental review with extensive public engagement and coordination with partner agencies. After the Final EIS was published in April 2015, the Sound Transit Board of Directors selected Link light rail with an alignment along Interstate 5. In July 2015, Sound Transit received a Record of Decision from the Federal Transit Administration, completing the environmental review of the project. The project is now moving through final design.

Project Benefits

8.5 miles of new light rail service

4 new light rail stations between Northgate and Lynnwood

Frequent, reliable service between south Snohomish County and the University of Washington, downtown Seattle and other regional destinations

Increased mobility, access and transportation capacity for residents and workers, to the tune of an estimated 63,000 - 74,000 each weekday in 2035

Target opening for service in 2023

Funding

The project is funded and was approved by voters as part of the Sound Transit 2 plan. The agency also anticipates and will compete for a significant amount of federal grant funding.

PROJECT MILESTONES

2010-2012

2013-2015

2016-2018

2018-2023

Late 2023

Alternatives Analysis & Scoping

Environmental Review

Final Design & Permitting

Construction

Open For Service

Source: Soundtransit.org/LLE


LIGHT RAIL EXTENSION ROUTE AND STATIONS LakeBallin ger

LakeWashington

King-SnohomishCounty Line

Includes accommodationsfor a future station


NE 185th St

N 145th St

N 130th St

236th St SW

244th St SW

220th St SW

200th St SW

52nd

Ave

W

44th

Ave

W

5th

Ave N

E

Edmonds

Shoreline

MountlakeTerrace

Lynnwood

Seattle

Transit Center

Shoreline Conference Center

Jackson ParkGolf Course

Northgate MallNorth SeattleCommunity College

Transit Center

NorthgateTransit Center

P

P

P

P

P

NE 185th

NE 145th

Lynnwood

Mountlake Terrace

Lynnwood Link Extension route and stations

not to scale, representative only

Link in service

In planning/planned

In design

Under construction

Downtown Redmond

Lynnwood

MercerIsland

Rainier

University ofWashington

SeaTac/Airport

SODOStadium

Pioneer SquareUniversity Street

Westlake/Seattle

Intl District/Chinatown

Beacon HillMount Baker

Columbia CityOthello

Angle Lake

Rainier BeachTukwila/Intl Blvd

Northgate

Mountlake Terrace

U District

Roosevelt

Bellevue Transit Center

South Bellevue

HospitalCapitol Hill

130th 120th

Overlake Village

185th

145th

East Main

Federal Way Transit Center

Kent/Des Moines

S 272nd

OverlakeTransit Center SE Redmond

Not funded for construction


Project area

Stations: at NE 145th, NE 185th, Mountlake Terrace Transit Center and Lynnwood Transit Center

P Park & Rides: at NE 145th, NE 185th, Mountlake Terrace Transit Center and Lynnwood Transit Center

Accommodation for potential future stations at NE 130th and 220th St SW, should future funding become available

Light rail under construction

Elevated routes

Surface route

soundtransit.org

Sound Transit plans, builds and operates regional transit systems and services to improve mobility for Central Puget Sound.

Sound Transit / Union Station, 401 S. Jackson St., Seattle WA 98104

STADIUMS

33 MINUTES

SEA-TAC AIRPORT

60 MINUTES

28 MINUTES

OVERLAKE TRANSIT CENTER

UNIVERSITY OF WASHINGTON

DOWNTOWN SEATTLE

LYNNWOOD

60 MINUTES

20 MINUTES

DOWNTOWN BELLEVUE

50 MINUTESEA

ST

SO

UT

H

During peak weekday commutes there will be one train every 4 minutes

How long will my trip from Lynnwood take?

LakeBallin ger

LakeWashington




NE 185th St

N 145th St

N 130th St

236th St SW

244th St SW

220th St SW

200th St SW

52nd

Ave

W

44th

Ave

W

5th

Ave N

E

Edmonds

Shoreline

MountlakeTerrace

Lynnwood

Seattle

Transit Center




Transit Center


P

P

P

P

P

NE 185th

NE 145th

Lynnwood

Mountlake Terrace



Link in service

In planning/planned

In design

Under construction

Downtown Redmond

Lynnwood

MercerIsland

Rainier


SeaTac/Airport

SODOStadium


Westlake/Seattle




Angle Lake


Northgate

Mountlake Terrace

U District

Roosevelt


South Bellevue


130th 120th

Overlake Village

185th

145th

East Main


Kent/Des Moines

S 272nd




Project area





Elevated routes

Surface route

soundtransit.org



STADIUMS

33 MINUTES

SEA-TAC AIRPORT

60 MINUTES

28 MINUTES



DOWNTOWN SEATTLE

LYNNWOOD

60 MINUTES

20 MINUTES

DOWNTOWN BELLEVUE

50 MINUTESEA

ST

SO

UT

H



LakeBallin ger

LakeWashington




NE 185th St

N 145th St

N 130th St

236th St SW

244th St SW

220th St SW

200th St SW

52nd

Ave

W

44th

Ave

W

5th

Ave N

E

Edmonds

Shoreline

MountlakeTerrace

Lynnwood

Seattle

Transit Center




Transit Center


P

P

P

P

P

NE 185th

NE 145th

Lynnwood

Mountlake Terrace



Link in service

In planning/planned

In design

Under construction

Downtown Redmond

Lynnwood

MercerIsland

Rainier


SeaTac/Airport

SODOStadium


Westlake/Seattle




Angle Lake


Northgate

Mountlake Terrace

U District

Roosevelt


South Bellevue


130th 120th

Overlake Village

185th

145th

East Main


Kent/Des Moines

S 272nd




Project area





Elevated routes

Surface route

soundtransit.org



STADIUMS

33 MINUTES

SEA-TAC AIRPORT

60 MINUTES

28 MINUTES



DOWNTOWN SEATTLE

LYNNWOOD

60 MINUTES

20 MINUTES

DOWNTOWN BELLEVUE

50 MINUTESEA

ST

SO

UT

H



LakeBallin ger

LakeWashington




NE 185th St

N 145th St

N 130th St

236th St SW

244th St SW

220th St SW

200th St SW

52nd

Ave

W

44th

Ave

W

5th

Ave N

E

Edmonds

Shoreline

MountlakeTerrace

Lynnwood

Seattle

Transit Center




Transit Center


P

P

P

P

P

NE 185th

NE 145th

Lynnwood

Mountlake Terrace



Link in service

In planning/planned

In design

Under construction

Downtown Redmond

Lynnwood

MercerIsland

Rainier


SeaTac/Airport

SODOStadium


Westlake/Seattle




Angle Lake


Northgate

Mountlake Terrace

U District

Roosevelt


South Bellevue


130th 120th

Overlake Village

185th

145th

East Main


Kent/Des Moines

S 272nd




Project area





Elevated routes

Surface route

soundtransit.org



STADIUMS

33 MINUTES

SEA-TAC AIRPORT

60 MINUTES

28 MINUTES



DOWNTOWN SEATTLE

LYNNWOOD

60 MINUTES

20 MINUTES

DOWNTOWN BELLEVUE

50 MINUTESEA

ST

SO

UT

H



LakeBallin ger

LakeWashington




NE 185th St

N 145th St

N 130th St

236th St SW

244th St SW

220th St SW

200th St SW

52nd

Ave

W

44th

Ave

W

5th

Ave N

E

Edmonds

Shoreline

MountlakeTerrace

Lynnwood

Seattle

Transit Center




Transit Center


P

P

P

P

P

NE 185th

NE 145th

Lynnwood

Mountlake Terrace



Link in service

In planning/planned

In design

Under construction

Downtown Redmond

Lynnwood

MercerIsland

Rainier


SeaTac/Airport

SODOStadium


Westlake/Seattle




Angle Lake


Northgate

Mountlake Terrace

U District

Roosevelt


South Bellevue


130th 120th

Overlake Village

185th

145th

East Main


Kent/Des Moines

S 272nd




Project area





Elevated routes

Surface route

soundtransit.org



STADIUMS

33 MINUTES

SEA-TAC AIRPORT

60 MINUTES

28 MINUTES



DOWNTOWN SEATTLE

LYNNWOOD

60 MINUTES

20 MINUTES

DOWNTOWN BELLEVUE

50 MINUTESEA

ST

SO

UT

H



STATIONS: At NE 145th, NE 185th, Mountlake Terrace Transit Center and Lynnwood Transit Center PARK & RIDES: At NE 145th, NE 185th, Mountlake Terrace Transit Center and Lynnwood Transit Center Accommodation for potential future stations at NE 130th and 220th St SW, should future funding become available LIGHT RAIL UNDER CONSTRUCTION ELEVATED ROUTES SURFACE ROUTES

P

http://www.soundtransit.org/LLE

Contact Information

Erik [email protected]

Mike [email protected]

Corey [email protected]

Kidder Mathews 601 Union Street, Suite 4720 Seattle, WA 98101

kiddermathews.com

lynnwood retail investment memorandum · lynnwood retail investment kidder mathews | offering...

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