2694 Roeder Avenue, Bellingham, WA 98225
Commercial Property 
Built in 1971 
1.32acre lot
—— car garage 
$——/sqft 
Listed 2 years ago
Property Description
This listing courtesy of Bob Sandoz, Windermere Real Estate Whatcom
Excellent industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two metal industrial buildings with a total SF of approximately 11,000. 100% leased with three strong tenants with long term NNN leases and rent escalations. Land is leased from the Port of Bellingham on a 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. Five percent cap rate on current rents, with rent escalations going forward.
- Listing Status:
- Active
- Listing Office:
- Windermere Real Estate Whatcom : 360-734-7500
- Listing Agent:
- Bob Sandoz : 3607347500
- MLS ID:
- 2034085
- A/C: None
- Heating: None
- Fireplace: Fireplaces: 0
This listing courtesy of Bob Sandoz, Windermere Real Estate Whatcom
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Columbia Elementary School
2508 Utter St, Bellingham, WA, 98225
Grades PK-5
0.59 miles away
Whatcom Middle School
810 Halleck St, Bellingham, WA, 98225
Grades 6-8
1.11 miles away
Bellingham Re-Engagement Program
1306 Dupont St, Bellingham, WA, 98225
Grades 9-12
0.80 miles away
