4084 Pacific Highway
Bellingham, WA 98226
1.87 acres | #2314201
Description
Corporate-Leased, Single-Tenant NNN Crash Champions, with over 7 years of firm term remaining on the lease. The investment provides 2% annual rent escalations with 3 additional 5-year options, providing an excellent investment vehicle with a built in hedge against inflations. The property benefits from excellent visibility along I-5, and sits adjacent to one of Bellingham's main retail corridors, surrounded by prominent national retailers such as Costco and Fred Meyer. The property’s NNN lease structure, coupled with its premium location and tenant stability in a recession-resistant industry, provides investors with reliable, passive income and minimal management responsibilities.
Property Details
- Property SubtypeCommercial Industrial
- Style71 - Light Indrl.
- Date ListedDecember 03, 2024
- SubdivisionBellingham
- Original List Price$3,750,000
- Structure TypeIndustrial
- Property TypePurchase
- CountyWhatcom
- MLS #2314201
- Cost3750000
- MLS #2314201
- Acres1.87
- Year Built1999
- Days on Market (Cumulative)18
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-17 13:18:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Kevin G. Verger (#NWM92348)
Listing Office: Kidder Mathews (#NWM128)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
