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Roeder Avenue

2694, Roeder Ave, Bellingham, WA 98225
$1,600,000

Description

Roeder Avenue (Status: Available)

2694, Roeder Ave, Bellingham, WA  98225

Excellent Industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two (2) Metal Industrial Buildings with a total SF of approximately 11,000.00. 100% leased with three (3) strong Tenants with long term NNN leases with rent escalations. Land is leased from the Port of Bellingham on a twenty-five (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. Six percent (6%) cap rate on current rents, with rent escalations going forward.
Tax iD #: 3802251304450101

Listing Details

Asset Class: Industrial
Year Built: 1971
Building Total Square Feet: 10728
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: Windermere – Whatcom Co.

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

  • Address: 2694, Roeder Ave, Bellingham, WA 98225
  • City: Bellingham
  • State/county: WA
  • Zip/Postal Code: 98225
  • Neighborhood: Whatcom County
  • Country: United States

Detail

Updated on August 10, 2022 at 9:02 am

  • Property ID: 643081
  • Price: $1,600,000.00/For Sale
  • Property Size: 10728 Sq Ft
  • Property Type: Industrial
  • Property Status: Available

Contact info

Bob Sandoz, CCIM
Bob Sandoz, CCIM
360-734-7500425-466-6705

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