Bought with Windermere Real Estate Whatcom
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Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Ferndale
MLS Listing ID 1543464
Sold Date 10/08/20
Style 71 - Light Indrl.
Year Built 2016
Lot Size 1.041 Acres
Property Description
FOR SALE!! Investment opportunity. 5 year NNN lease with excellent regional tenant. New 20,080 SQFT LI Free SPan Steel Warehouse. 24' eves. 3 phase power. Sprinkler system installed. 1 bathroom. 1 dock, 1 grade. Standing seam metal roof. Located off Slater Rd, which is a full exchange for I-5. Ferndale City utilities. 2019 rent is $10,000/month + NNN's. Great proximity to the Canadian Border. Rent esc 3%/yr then adjusts to market upon renewal. See flyer.
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Interior Features Forced Air, Concrete
Flooring Concrete
Fireplace No
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Sewer Connected, Electricity Available, Natural Gas Connected
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out, Conventional, Lease Purchase, Owner Financing
Listing Terms Cash Out, Conventional, Lease Purchase, Owner Financing
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John Dirgo Deweese
Designated Broker | License ID: 25033
Designated Broker License ID: 25033