102 Stuart Rd - Retail FOR SALE


Bellingham, WA 98226- North Bellingham
$11,500,000 USD
360-305-9977
102 Stuart Rd, Bellingham, WA for Sale
$11,500,000 USD
Retail - FOR SALE
1/1
null | 5.27% Cap Rate

102 Stuart Rd
Bellingham, WA 98226
North Bellingham


OVERVIEW

Multi-tenant commercial strip center with regional corner coffee drive-thru situated across from Walmart. Over 44k sq ft of retail space with 99 parking spaces, two rear loading docks, on a 4 plus acre site. Easy access center at the signalized intersection of Meridian Street and W Stuart Road with 28,600 daily traffic trips fronting the center. Strong mix of long-term tenants that have been with the center for multiple renewals. One portion of the center has a short-term tenant that could be vacated for a furniture store, mattress store, motorcycle/power sports store, or even converted to heated storage. Clean value add opportunity in Bellingham’s major retail hub.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

5.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meridian Retail Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.48 AC

LAND SF

282,269 SF

ZONING

Commercial

APN/PARCEL ID

380212-535450-0000

ASK ABOUT THIS PROPERTY

KC CooncPacific Continental Realty, LLCMore Info
360-305-9977

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KC CooncPacific Continental Realty, LLCMore Info
360-305-9977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.