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: Jul 24, 2025 07:15 | Listing last modified Jan 23, 2025 17:48,
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Residence Information
0
10824
Metal
71 - Light Indrl.
1971
Slab
Features and Utilities
Metal/Vinyl
Public
Sewer Connected
Financial
6173.3
Cash Out, Conventional
02-07-2023
11876
Comparable Information
716
716
Cash Out, Conventional
$1,600,000
$1,600,000
Jan 23, 2025 17:48
Schools
Map
Listing courtesy of Windermere Real Estate Whatcom.
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.
