Crash Champions

Crash Champions (Status: Available)

2141, Queen St, Bellingham, WA  98229

We have been selected to exclusively market for sale a Crash Champions located just off Interstate 5 (I-5) (73,000+VPD) in highly coveted Bellingham, WA featuring a brand new 10-year lease. The Property features a corporate guarantee from Crash Champions and annual 2% rent increases, providing a strong hedge against inflation and compounding NOI growth which produces a 5.41% average cap rate over the initial 10-year lease. Crash champions is currently paying just $9.50/SF NNN with market rents currently achievable in the $13-$15/SF NNN range, providing a very secure basis and future upside for a new owner. The Property benefits from a population of over 111,000 people within a 5-mile radius with average household incomes exceeding $85,000. In addition, the sub-market has a vacancy rate of

Listing Details

Asset Class: Retail
Year Built: 1997
Building Total Square Feet: 8000
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 6
Local Zoning Information: LI

Listing Courtesy of: Marcus & Millichap, Inc.

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.