GRANDVIEW INDUSTRIAL PARK Featured

6955 Salashan Pkwy, Ferndale, WA 98248, USA

For Sale

Type
For Sale / Industrial

SALE PRICE: $9,880,000 PENDING

NWMLS #: 1857437

CBA #: 644880

6.25% cap rate with 5% vacancy credit loss on an Absolute Net Lease. 5-year renewal just executed with first year rate established at $54,167 per month with annual bumps. Strong international tenant with excellent rent history. Two buildings, 100k sq ft    combined, side by side on 7 acres in North Ferndale. 1 – 40k sq ft and 1 – 60k sq ft fully sprinkled steel buildings that include a mix of grade and dock high doors. Coupon Clipper offered at below replacement cost. View with discretion with drive by only. Property tour upon mutual acceptance of offer.

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$9,880,000/Sale Price
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