150 East Bellis Fair Parkway
Bellingham, WA 98226 ·
45,502 SF · Retail For Sale
|Price||N/A||Property Use Type||Net Lease Investment with 10+ years left on lease|
|Building Size||45,502 SF||Occupancy||100%|
|Property Sub-type||Free Standing Bldg|
|Listing ID: 17213942||Date Created: 06/22/2011||Last Updated: 01/04/2012|
CB Richard Ellis is pleased to offer for sale a 100% fee simple interest in a Value Village store located at 150 East Bellis Fair Parkway in Bellingham, Washington. The building contains 45,502 SF on 2.62 acres. The property is located in a high-traffic retail area, across from the Bellis Fair Mall.
The property is located at 150 Bellis Fair Parkway, in Bellingham, Washington. It is in the northern portion of the City of Bellingham and central Whatcom County. The site is located on an elevated piece of property at the northeast quadrant of Interstate 5 and Meridian Street with primary access coming from Bellis Fair Parkway off Meridian Street. The property benefits from strong traffic counts of approximately 33,000 cars per day. The property sits immediately east of the Bellis Fair Mall anchored by Macy' s, Kohl' s and Target. The property consists of a former 45,502 square foot Toys ' R Us building with sufficient parking to meet general retail code requirements and its use as a newly leased Value Village retail store.
- Well-located across from Bellis Fair Mall, which is the only regional mall serving the Bellingham market area anchored by Target, Sears, Macy' s and J
- Other major retailers in the immediate area include Home Depot, Ross Dress for Less, Barnes & Noble, Pier 1 Imports, Costco, Bed Bath & Beyond, Best B
- Convenient access to Interstate 5 connecting to areas north (Canada) and south to Seattle
- Primary access from Meridian Street (SR 539) which is a major feeder road to the north part of Whatcom County
- New long-term lease with increases every five years
- Strong traffic counts of approximately 33,000 cars per day
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