2694 Roeder Ave, Bellingham, WA 98225

Bellingham Industrial Properties

Excellent Industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two (2) Metal Industrial Buildings with a total SF of approximately 11,000.00. 100% leased with three (3) strong Tenants with long term NNN leases with rent escalations. Land is leased from the Port of Bellingham on a twenty-five (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. Four percent (4%) cap rate on current rents, with rent escalations going forward.

Listing provided by NWMLS, courtesy of Windermere Real Estate Whatcom Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.

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Note: This property is sold.

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