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.
Listing Provided Courtesy of Bob Sandoz, Windermere Real Estate Whatcom
General Information
NWM2034085
Commercial Industrial
716
DOM
1.32 acres
0
1971
Industr
Whatcom
Commercial Sale
Commercial Industrial
Buyer's Agent Commission
The seller is offering 2.5% of the final sale price of this home to the brokerage or agent representing the buyer. This offer is valid only for participants of the MLS associated with this listing. Learn more.
2.5%
Listing Provided Courtesy of Bob Sandoz, Windermere Real Estate Whatcom
Krishna Realty data last checked: Aug 10, 2025 23:31 | Listing last modified Jan 23, 2025 17:48,
Source:
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.
