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381 W Horton Rd 20,431 SF 100% Leased Office Building Bellingham, WA 98226 $6,000,000 ($293.67/SF)



Investment Highlights
- 2022-built medical office facility in the Cordata Medical District.
- ±6,271 SF available in warm shell condition for immediate design customization.
- 86 surface parking spaces provide convenient patient and staff access.
- Anchored by high-credit oncology groups with long-term leases in place.
- Common amenities include conference rooms, showers, and lounge areas.
- Located near Interstate 5 and Bellingham International Airport for regional connectivity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,431 SF
Building Class
B
Year Built
2022
Price
$6,000,000
Price Per SF
$293.67
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,216 SF
Building FAR
0.26
Lot Size
1.83 AC
Zoning
PI
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 380201-388095-0000 | Improvements Assessment | $4,870,023 |
| Land Assessment | $802,990 | Total Assessment | $5,673,013 |
Property Taxes
Parcel Number
380201-388095-0000
Land Assessment
$802,990
Improvements Assessment
$4,870,023
Total Assessment
$5,673,013
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381 W Horton Rd
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