1. Washington
  2. Arlington
  3. 875 Wesley Street #1
$6,000,000

875 Wesley Street #1, Arlington, WA 98223

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1991
  • Property Lot Size Icon1.67acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

This listing courtesy of Jeff Ayers, Ayers Commercial Group

Located adjacent to the Skagit Regional Health campus and Cascade Valley Hospital, the Whitehorse Medical Center is a multi-tenant medical office condo anchored by Skagit Regional Health and Western Washington Medical Group. Ideal opportunity for: 1. Value-add investment. Strong rent roll, with rental rates on occupied spaces averaging $29.36/SF, NNN. High historical occupancy, but pricing based on current 87% occupancy, provides an investor with stable cash flow with upside. 2. Owner-occupied medical group. With only 5,152 square feet leased on a long-term lease, the property provides a new owner with the opportunity to purchase a high-quality medical building, at well below replacement cost, and occupy space as leases expire.

Listing Status:
Pending
Listing Office:
Ayers Commercial Group : 206-600-9294
Listing Agent:
Jeff Ayers : 206-600-9294
MLS ID:
2293299

This listing courtesy of Jeff Ayers, Ayers Commercial Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kent Prairie Elementary School

8110 207th St NE, Arlington, WA, 98223

Grades KG-5

0.29 miles away

H

Haller Middle School

600 E 1st St, Arlington, WA, 98223

Grades 6-8

0.35 miles away

S

Stillaguamish Valley Learning Center

1215 E 5th St, Arlington, WA, 98223

Grades KG-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.