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Listed by Kidder Mathews
$ 3,750,000
Est. payment /mo
Active
4084 Pacific HWY Bellingham, WA 98226
1.87 Acres Lot
UPDATED:
12/17/2024 09:18 PM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Bellingham
MLS Listing ID 2314201
Style 71 - Light Indrl.
Year Built 1999
Lot Size 1.870 Acres
Property Description
Corporate-Leased, Single-Tenant NNN Crash Champions, with over 7 years of firm term remaining on the lease. The investment provides 2% annual rent escalations with 3 additional 5-year options, providing an excellent investment vehicle with a built in hedge against inflations. The property benefits from excellent visibility along I-5, and sits adjacent to one of Bellingham's main retail corridors, surrounded by prominent national retailers such as Costco and Fred Meyer. The property's NNN lease structure, coupled with its premium location and tenant stability in a recession-resistant industry, provides investors with reliable, passive income and minimal management responsibilities.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
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