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33319182
33319181

6 Locations

RV
WA 135292
Northmarq - Seattle
JH
WA 24028466
Northmarq - Seattle
Listed by Northmarq - Seattle
$7,815,000
6 days on market
Updated 6 days ago

Quantum Business Park

Details
APN P-130307, P-130381, P-130308, P-130385, P-130309, P-130386, P-130310, P-130387, P-132687, P-130311, P-130389, P-130390, P130314, P-130393, P-130811
Property Type Industrial
Sub Type Flex
Square Footage 41,899
Cap Rate 6.93%
NOI $541,605
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $187
Year Built 2001
Year Renovated 2004
Buildings 6
Acreage 3.600
Zoning LM1 (Light Manufacturing 1)
Investment Type Stabilized
Ground Lease No
Dock High Doors 19

Industrial | 6.93% CAP | 41,899 SqFt

Marketing description

Quantum Business Park is a well-maintained, multi-building industrial investment opportunity in Anacortes, Washington, offering investors durable in-place cash flow with clear mark-to-market upside. The property totals 41,899 SF across six buildings and is fully leased on NNN terms, supported by an average in-place rent of $12.96/SF and contractual annual increases of up to 5% annually across the rent roll. With immediate access to State Route 20 and a location in a supply-constrained coastal market, the asset benefits from strong occupier demand and high barriers to new development.

The business park pairs current income stability with long-term upside. The tenant roster is diversified across multiple occupants, while underwriting supports a step-up in annual NOI to $585,334 against a market rent assumption of $15/SF. For investors seeking a functional, income-producing industrial asset with dependable cash flow and value preservation potential, Quantum Business Park presents a compelling opportunity in a tightly held Northwest market.

Investment highlights

  • NEAR-ZERO VACANCY & EXTREME SCARCITY
  • FUNCTIONAL MULTI-TENANT PHYSICALITY
  • CAPTURE RENTAL UPSIDE
  • PASSIVE NNN INVESTMENT
  • HIGH-VISIBILITY GATEWAY LOCATION
  • CRITICAL MARITIME INFRASTRUCTURE

Listing Contacts

RV
WA 135292
Northmarq - Seattle
JH
WA 24028466
Northmarq - Seattle
Listed by Northmarq - Seattle

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$541,605.00
$45,133.75/mo

Valuation Metrics

0
DSCR
6.93%
Cap Rate
6.93%
ROI

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Additional Information

Name
RJ Vara
License
135292
Brokerage
Northmarq
Brokerage Phone
2068443505
Title
Real Estate Broker
Brokerage Address
130 Nickerson Street
Name
Jack Hinchcliffe
License
24028466
Brokerage
Northmarq
Brokerage Phone
206-219-0819
Title
Real Estate Broker
Brokerage Address
130 Nickerson Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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