6943 Salashan Parkway $3,002,400

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    6943 Salashan Parkway Ferndale, WA 98248

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    $3,002,400

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    • 1.54 Acres
    • Commercial/Industrial
    • Listing# 1543465
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    Views: 3 Days On Market: 63

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    Property Details

    FOR SALE!! Investment Opportunity. 5 yr NNN LEase with excellent regional tenant. 25,020 SQFT LI Free Span steel building. 20 eves. 3 phase power. Sprinkler system installed. 1 bathroom, 4 docks, 4 grades. Metal roof. Located off Grandview Rd, a full exchange off I-5. 2019 rent $12,885.30/Mo+NNNs. Great proximity to Canadian Border. Rent Escc 3%/yr, then adjusts to market upon renewal. See flyer.

    • General Features
      • County Whatcom
      • Approx Building SqFt 25,020
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 25,050
      • Zoning Class Industrial, Industrial-Light
      • Selling Office Commission 2
      • Style 61-Comm Bldg Ovr 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 0
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Metal/Vinyl
      • Foundation Poured Concrete, Slab
      • Roof Metal
      • Floor Covering Concrete
      • Features Sprinklered
      • Heating and Cooling Forced Air
      • Ceiling Height 20 eves
      • Loading 1-3 Bays, Dock High, Grade, Ramp
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Sewer Septic
      • Energy Source Electric, Natural Gas
      • Power Company PSE
      • Number of Available Pads 0
      • Lot Square Footage 67,082
    • Financials
      • Vacancy Rate 1
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 16
      • Cap Rate -NOI div LP 5
      • Gross Scheduled Income $184,647
      • Gross Adjusted Income $181,877
      • Total Expenses $0
      • NOI $151,000
      • Electrical Expenses $0
      • Tax Expense $0
      • Heating Expense $0
      • Insurance Expense $0
      • Other Expenses $0
      • Tax Year 2019
      • Annual Assoc. Dues $0

    Contact

    Karena Wells

    Managing Broker

    Port Ludlow

    Direct: 360-403-5800

    Neighborhood

    98248 (Ferndale) Demographics

    38 Median Age
    327 Population Density (per sq. mile)
    36% College Educated
    $62,251 Estimated Median Income
    6,235 Estimated Total Home Owners
    2,267 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    23,163 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $443,000 Median Sales Price
    30 Homes Sold
    21 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,002,400
        11/25/2019 12:32:00 PM New in Database Source

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        This property search is part of the Coldwell Banker Best Homes website. Listing information is courtesy of the WA-NWMLS and Coldwell Banker Best Homes. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.