$3,198,000 USD
310-897-0809
1993 Division St
Bellingham, WA 98226
North Bellingham
HIGHLIGHTS
- Strong Corporate Guarantee / Investment Grade Parent Company: SRS Distribution is the fastest growing distributor of building products in the U.S.
- The Home Depot (NYSE: HD) completed the acquisition of SRS Distribution for $18.25B. Home Depot is an investment grade tenant (S&P: “A”)
- In September 2025, Home Depot further expanded through its specialty distribution subsidiary, SRS Distribution Inc
- SRS Distribution will operate a network of 1,200+ locations nationwide with an estimated enterprise value exceeding $23 billion
- Newly Executed Lease Extension / Annual Rent Increases: SRS Distribution just executed a 5-year lease extension at this location
- Income Tax Free State / Strategic Location: Washington benefits from no state income tax offering significant financial advantages
FOR SALE DETAILS
PRICE
$3,198,000 USD
PRICE/SF
$154 USD /SF
CAP RATE
7.2%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SRS Distribution (Home Depot)
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
UTILITIES
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CLEAR CEILING HT
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DOCKS
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DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
380317-340318-0000
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310-897-0809
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310-897-0809
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