David L Hovde - Commercial Real Estate Showcase

David L Hovde Property Listings
Windermere Whatcom, Inc.
515 W Bakerview Rd
Bellingham, WA 98226-9171
(360) 676-5900
(360) 676-4694

1441 W Smith Road - Bot Labs

Bellingham, WA 98226-9009

Property Type:Industrial Sub Type:Manufacturing Status:Existing , Renov 1990 Year Built:1970
Building Size:42,879 SF Land Area:2.55 AC (111,078 SF)
Ceiling Height:- Loading Docks:- Rail:- Power:-
For Sale Price:$3,250,000 Price/SF:$75.79
Cap Rate:10.00 %
Zoning:LI Sprinklers:- Drive Ins:- Cranes:-
Parking:Free Surface spaces

Prime investment opportunity with single tenant manufacturing facility for medical and nutritional supplements. Over 3 years remaining on lease with 3 additional 5 year options. Tenant pays all utility expenses (NNN) directly to providers except reimbursement of property taxes to owner.

Sale Notes:
This property currently serves as the home of Nature’s Way previously Botanical Laboratories, and has been used for medical and nutritional tablet and liquid manufacturing facility. The property can serve many types of businesses and consists of 5,288 sqft of office space, 26,224 sqft for manufacturing, laboratory, and additional separate 11,700 sqft Warehouse building. Approximately one year remaining on current lease of $31,827/monthly NNN. Additional 5.22 acres adjacent may be available.

Windermere Whatcom, Inc.
David L Hovde
(360) 676-5900

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