$8,400,000
Iowa Business Center
Listing Type: For Sale
Property Type: Office, Retail
Status: Available
CBA ID#: 675091
Property Type: Office, Retail
Status: Available
CBA ID#: 675091
Marketing Description:
Investor Alert! Iowa Business Center in Bellingham is a well-maintained office/retail location with 3 buildings situated on 3.22 acres with ample parking, excellent visibility, easy access to I-5, & downtown Bellingham. This 18-unit center has a very high historical occupancy with many long-term tenants. Base rents range from $12.95 to $18.13 psf plus nnn leaving room for resetting rents upon tenant turnover. The property has been professionally managed and maintained by PCR for the last 18 years and is good condition for the next investor to stay the course or create a new vision for the Center.Land Features:
- Lot Size: 99007 SqFt
- Lot Acreage: 2.27 Acres
- Zoning: I
Building Features:
- Building Size: 31457 SqFt
- Number of Floors: 1
- Cap Rate: 0.00%
- Construction: Concrete
- Year Built: 1977
This Listing Supplied Courtesy of Pacific Continental Realty, LL
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
