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Listing provided courtesy of Windermere Real Estate WhatcomNWMLSMLS# NWM2034085MLS Provider
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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.

Source: NWMLS, MLS#: NWM2034085

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  • Property Type
    Commercial Sale
  • Lot
    1.32 acres

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  • Median Age
    29
  • Population Density
    3,455
  • College Educated
    56%
  • Estimated Median Income
    $53,093
  • Estimated Total Home Owners
    9,008
  • Estimated Total Renters
    12,804
  • Owner / Renter Divide
    41% / 59%
  • Estimated Average Household Size
    2
  • Total Population
    51,606
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2694 Roeder Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.