Address Map
USA
Washington
Whatcom
Bellingham
98225
Roeder Ave
2694
W123° 29' 44.4''
N48° 45' 36.8''
Additional Information
Robert Sandoz
9098
989800
295,232 Sqft
Roeder Avenue
Whatcom County
1
98226
WA
Bellingham
515 W. Bakerview Rd.
Property Description

Excellent industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two metal industrial buildings with a total SF of approximately 11,000. 100% leased with three strong tenants with long term NNN leases and rent escalations. Land is leased from the Port of Bellingham on a 25 year land lease. This property offers an excellent, stable long term investment opportunity for a 1031 Exchange or a passive investor looking for a positive return on their investment. All leases are NNN with owner paying only land lease to Port of Bellingham. Five percent cap rate on current rents, with rent escalations going forward.

For Sale

2694 Roeder Ave, Bellingham, Washington 98225

  • Square Footage: 10,728 Sqft
$1,600,000
Listing ID#662659
QR Code
Basic Details
Property Type : Industrial
Listing Type : For Sale
Listing ID : 662659
Price : $1,600,000
Square Footage : 10,728 Sqft
Year Built : 1971
Status : Active
Office Name : Windermere - Whatcom Co.
Property Sub Type : Industrial
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Windermere - Whatcom Co.