Watershed Business Park - Project #1 Peterson Road 2.52 - 40.4 Acres of Industrial Land for Lease in Burlington, WA 98233

The Watershed Business Park Project 1 is a greenfield light industrial site owned by the Port of Skagit. Project 1 is approx. 40.4 acres total, however, the site has undergone a binding site plan approval work is moving forward to provide approx. 30.32 acres of developable land split over eight (8) pad ready lots ranging from ~2.5 - 5 acres in size. Project 1 is located in the middle of Skagit County, and the Northwest Puget Sound region. The property is located approx. 90 minutes from Seattle, 5 minutes from Highway 20 and Interstate-5, and provides almost immediate access to the Skagit Regional Airport for cargo and general aviation use. Site is: Greenfield Zoned Bayview Ridge Light Industrial All environmental permitting for wetland fill submitted Site fill and grade permit submitted Binding Site Plan submitted to divide site into 8 lots ranging between 2.5 to 5 acres in size Sewer installation complete To be fully delivered Fall 2026: Wetland mitigation completed All utilities, streets, and stormwater detention facilities installed Completed installation of trails and landscaping tract areas