Community/Large Neighborhood

Alderwood Parkway

Alderwood Parkway is a 368,846 SF Community/Large Neighborhood at 19225 - 19401 Alderwood Parkway Plaza, Lynnwood, WA, USA, owned by Vestar, with 19 tenants including Nordstrom Rack, Pickleball Kingdom, and REI. In the last 24 months it recorded 2 openings and 1 closing. The 10-minute drive-time population is 105,957 with a median household income of $107,263, according to Brandmarch.

Open-air·19 stores across 368,846 SF·19225 - 19401 Alderwood Parkway Plaza, Lynnwood, WA, USA

Recent Activity in Last 24 months

Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.

Opened
Five Below2617 196th St SW, Suite 111
Opened ~Nov 2025
Opened
REI19500 Alderwood Mall Parkway · Satellite
Opened Q1 2025
Closed
Party City2617 196th St SW
Closed Q1 2025
Showing 1-3 of 3 activities
Locations · Growth Trajectory

+1 net stores since Q4 2024

Growing tenants · 2 opens, 1 closes

About Alderwood Parkway

Alderwood Parkway is a community shopping center located in Lynnwood, Washington near Interstate 5 and Interstate 405. Positioned as an outparcel shopping center adjacent to the larger Alderwood regional mall, it serves the greater Puget Sound retail market with convenient shopping access.

Owners

Vestar

Demographics

Property Report

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News

Tenant Mix by Category

19 brands across 16 categories

Clothing - Family/Unisex
3 (15.8%)
Pet Stores + Supplies
2 (10.5%)
Computers + Consumer Electronics
1 (5.3%)
Cosmetics + Beauty Supplies
1 (5.3%)
Department Store
1 (5.3%)
Discount Stores
1 (5.3%)
EV Charging Stations
1 (5.3%)
Footwear
1 (5.3%)
Furnishings
1 (5.3%)
Grocery
1 (5.3%)
Gyms + Fitness Facilities
1 (5.3%)
Jewelry
1 (5.3%)
Pet Health + Care
1 (5.3%)
Books
1 (5.3%)
Sports + Recreation
1 (5.3%)
Clothing - Womens
1 (5.3%)

All Tenants

Nordstrom Rack
Nordstrom Rack
Department StoreN/A
Pi
Pickleball Kingdom
Gyms + Fitness FacilitiesJun 2025
REI
REI
Sports + RecreationMay 2025
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See the full tenant roster and category breakdown

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