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195-265 E George Hopper Rd 2 Office Properties Offered at $6,800,000 in Burlington, WA
Investment Highlights
- Located less than ¼ mile east of I-5 with excellent access via George Hopper Road
- High quality CMU construction (Built in 2008)
- Walking distance to retail amenities including Costco and The Outlet Shoppes at Burlington
- Ample on-site parking
Executive Summary
Two buildings totaling 18,819 SF
195-215 Building: 7,064 SF
235-265 Building: 11,755 SF
84.51% leased to 4 tenants (one 2,916 SF medical office vacancy) for in-place Cap Rate: 5.80%
195-215 Building: 7,064 SF
235-265 Building: 11,755 SF
84.51% leased to 4 tenants (one 2,916 SF medical office vacancy) for in-place Cap Rate: 5.80%
Property Facts
| Price | $6,800,000 | Number of Properties | 2 |
| Price / SF | $334.91 / SF | Individually For Sale | 0 |
| Cap Rate | 5.80% | Total Building Size | 20,304 SF |
| Sale Type | Investment | Total Land Area | 1.13 AC |
| Status | Active |
| Price | $6,800,000 |
| Price / SF | $334.91 / SF |
| Cap Rate | 5.80% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,304 SF |
| Total Land Area | 1.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 235-265 E George Hopper Rd, Burlington, WA 98233 | Office | 11,755 SF | 2004 | - |
| 195-215 E George Hopper Rd, Burlington, WA 98233 | Office | 8,549 SF | 2008 | - |
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195-265 E George Hopper Rd
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