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23402788
23402789

381 W Horton Rd, Bellingham, WA 98226 For Sale

Hughes Marino
Listed by Hughes Marino
$6,000,000
429 days on market
Updated 116 days ago

Multi-tenant Medical Office - Bellingham, WA

Details
Property Type Office
Sub Type Medical Office
Square Footage 20,431
Occupancy 70%
Tenancy Multi
Lease Type NNN
Class A
Year Built 2022
Stories 2

Medical Office | 20,431 SF

Marketing description

Owner/user or investment opportunity. This is a 2022 built, Class A medical office building located in the fast-growing Cordata Medical District of Bellingham, WA. Strong tenant synergy, elevator-served building with shared conference, lounge, showers and restrooms. It is anchored by two high-credit oncology groups with long-term leases in place. There is ±6,271 SF of available medical office space delivered in warm shell condition.

Investment highlights

INVESTMENT HIGHLIGHTS

  • Owner/user or investment opportunity 2022 built, Class A medical office building located in the fast-growing Cordata Medical District of Bellingham, WA

  • Anchored by two high-credit oncology groups with long-term leases in place

  • Second floor opportunity: ±6,271 SF of available medical office space delivered in warm shell condition

  • Strong tenant synergy, elevator-served building with shared conference, lounge, showers and restrooms

  • Ample parking: 86 surface spaces (5/1,000 SF)

  • Proforma NOI - $558,229 upon leasing last suite

Listing Contacts

Hughes Marino
Listed by Hughes Marino

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