2000 Kentucky St - Warehouse FOR SALE


Bellingham, WA 98229- North Bellingham
$7,800,000 USD
360-483-0508
2000 Kentucky St, Bellingham, WA for Sale
$7,800,000 USD
Warehouse - FOR SALE
1/28
null | 6.15% Cap Rate

2000 Kentucky St
Bellingham, WA 98229
North Bellingham


OVERVIEW

Single-Tenant NNN Leased Property with 3% annual increases. Six-year lease commenced May 1, 2025. Landlord signed Bid to provide 4 new HVAC Units (HVAC work scheduled to be completed in October 2025). Premier location near I-5 in central Bellingham. 47,807 SF building with 29,950 SF Warehouse, 16,916 SF Office (Ground and Mezzanine) and 941 SF of covered loading dock. Large paved parking lot with approx. 70 parking spaces. Property is fully fenced, with entrance onto Kentucky St. Heavy Power in the building (480V, 1,600 Amp). Elevator on South wing. Warehouse space is Sprinklered and plumbed throughout with pneumatics. Fully insulated structure (including roof). Covered loading dock has two truck wells.

FOR SALE DETAILS

PRICE

$7,800,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.97

LAND SF

85,813

ZONING

LI

APN/PARCEL ID

380329-453446-0000,3803294784320000

ASK ABOUT THIS PROPERTY

Greg MartineauGage Commercial Real EstateMore Info
360-483-0508

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Greg MartineauGage Commercial Real EstateMore Info
360-483-0508

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