Listed by Muljat Group Commercial
$4,000,000
164 W Smith Rd - Industrial Building & Yard
Details
APN 3902254590790000
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 33,804
Cap Rate 6.54%
NOI $261,413
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $118
Year Built 1970, 1990
Year Renovated 2023
Acreage 12.040
Investment Type Stabilized
Industrial | 6.54% CAP | 33,804 SqFt
Marketing description
Industrial property centrally located between Bellingham, Ferndale, and Lynden. Easy access to the Canadian Boarder or Interstate via well-traveled Guide Meridian (SR539). The property, over 12 acres in total, features industrial/shop space, office space re-built this year, exterior storage including silo storage, and large yard area. Zoned Rural Industrial and Manufacturing by Whatcom County. New 5-year lease in place; 6.5% Cap.
Listing Contacts
Listed by Muljat Group Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$261,413.00
$21,784.42/mo
Valuation Metrics
0
DSCR
6.54%
Cap Rate
6.54%
ROI
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