1375 Stonegate Wy

    Ferndale, WA 98248
    • $2,611,440
    • STATUS: Contingent
    • ON SITE: 133 days
    • ID#: 1543464
    Under Contract
    UPDATED: 41 min ago
    $2,611,440
    • 0
      BEDS
    • 1.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2016
    County:

    School Ratings & Info

    Listing Courtesy of Windermere Real Estate Whatcom.

    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.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-07T08:12:58.81.

    www.mynwhometeam.com/homes/101258879

    1375 Stonegate Wy Ferndale, WA 98248

    • Price: $2,611,440
    • Status: Contingent
    • Updated: 41 min ago
    • ID#: 1543464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.04
    Acres
    2016
    Built
    Neighborhood:
    Ferndale
    County:
    Whatcom
    Area:
    Ferndale/Custer
    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.
    Exterior Features

    Building Condition Very Good Construction Methods Steel & Concrete Exterior Metal/Vinyl Foundation Poured ConcreteSlab Loading 1-3 BaysDock HighGrade Lot Depth 0 Lot Topography And Vegetation Level Roof Metal Site Frontage 0 Style 71 - Light Indrl. Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 20080

    Interior Features

    Building Sq Ft 0 Floor Covering Concrete Heating And Cooling Forced Air Office Sq Ft 0 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 0.00 Cap Rate Y Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification CommercialIndustrialIndustrial-Light Gross Adjusted Income 144000 Gross Rent Multiplier 18 Gross Scheduled Income 144000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Lot Number Lot 7 Net Operating Income 120000 Other Expenses 0 Possession ClosingNegotiableSee Remarks Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Tax Amount 0 Tax Year 2019 Terms Cash OutConventionalLease/PurchaseOwner Financing Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 0 Vacancy Rate 0 Water Company City Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Northwest Home Team Realty, LLC and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-07T08:12:58.81.

     
    Northwest Home Team Realty, LLC
    300 Deschutes Way
    Olympia WA, 98501
    Listing Courtesy of Windermere Real Estate Whatcom.