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Smokey Point Industrial Building

3833, 168th St, Arlington, WA 98223
$3,690,000

Description

Smokey Point Industrial Building (Status: Available)

3833, 168th St, Arlington, WA  98223

The subject property is ideally located just south of two major retailers, Walmart and Safeway, and is nestled among numerous industrial buildings. The building is 100% leased to a variety of long-term tenants, all of which are paying below-market rents. Another benefit of the tenant mix is that have staggered lease expiration dates.Currently, the Arlington Industrial market has a 1.7% vacancy rate and with the below-market rents, this stabilized investment opportunity will experience continued appreciation through rental growth and conversion to NNN leases for the foreseeable future.

Listing Details

Asset Class: Industrial
Year Built: 1986
Building Total Square Feet: 20550
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 50
Local Zoning Information: Hc

CBA

Listing Courtesy of: Orion Commercial Partners, LLC

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: 3833, 168th St, Arlington, WA 98223
  • City: Arlington
  • State/county: WA
  • Zip/Postal Code: 98223
  • Neighborhood: Arlington/Marysville/Stanwood
  • Country: United States

Detail

Updated on August 15, 2022 at 4:16 am

  • Property ID: 654381
  • Price: $3,690,000.00/For Sale
  • Property Size: 20550 Sq Ft
  • Property Type: Industrial
  • Property Status: Available

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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