5060-121 Pacific High Way , #121

    Bellingham, WA 98225
    • $1,600,000
    • STATUS: Pending Feasibility
    • ON SITE: 277 days
    • ID#: 1252764
    Under Contract
    UPDATED: 58 min ago
    $1,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:

    School Ratings & Info

    Listing Courtesy of Bellwether Real Estate.

    Description

    According to co-star, over the last five years, the Whatcom County industrial real estate market has seen a 21% rise in lease rates and a vacancy rate drop by 6%. !THE INDUSTRIAL MARKET IS WHITE HOT! This is an opportunity to own a 7 Cap Industrial Retail Investment with an NOI of $112,976 in an uphill market. This property is GREAT for OWNER OCCUPIERS as well!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-09T16:14:41.513.

    www.nwhomeexperts.com/homes/81337999

    5060-121 Pacific High Way , #121 Bellingham, WA 98225

    • Price: $1,600,000
    • Status: Pending Feasibility
    • Updated: 58 min ago
    • ID#: 1252764
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2008
    Built
    Neighborhood:
    Ferndale
    County:
    Whatcom
    Area:
    Ferndale/Custer
    Property Description
    According to co-star, over the last five years, the Whatcom County industrial real estate market has seen a 21% rise in lease rates and a vacancy rate drop by 6%. !THE INDUSTRIAL MARKET IS WHITE HOT! This is an opportunity to own a 7 Cap Industrial Retail Investment with an NOI of $112,976 in an uphill market. This property is GREAT for OWNER OCCUPIERS as well!
    Exterior Features

    Exterior Metal/VinylStone Foundation Slab Loading 10'-15' DoorsDock HighGrade Lot Depth 0 Lot Topography And Vegetation Level Roof Metal Site Frontage 0 Style 70 - Industrial Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 14826

    Interior Features

    Building Sq Ft 0 Floor Covering Concrete Heating And Cooling Forced Air Office Sq Ft 0 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 1407182 Assessed Value Year 2017 Available Pads 0 Bank Owned No Boundary Survey 7.00 Commercial Features Sprinklered Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Expansion Area N Form17 Not Provided Free And Clear N General Zoning Classification BusinessRetail Gross Adjusted Income 0 Gross Rent Multiplier 0 Gross Scheduled Income 147158 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2272 Net Operating Income 112976 Other Expenses 16000 Pad Ready N Possession ClosingNegotiable Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Company City Of Ferndale Tax Amount 15909 Tax Year 2016 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 34181 Total Expenses TEX 34181 Total Monthly Rent 0 Vacancy Rate 0 Water Company City Of Ferndale Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-09T16:14:41.513.

     
    NW Home Experts
    2211 Elliott Avenue Suite 200
    Seattle WA, 98121
    Listing Courtesy of Bellwether Real Estate.