Quality office building ready for move-in! This custom-built office building was constructed with the highest quality materials. The building has large, custom offices, reception area, bathrooms and industrial workshop with loading door. Truly a unique office building for an owner-user or investor looking to add a quality property to their portfolio. The cordata office building is well-located and suited for office or medical uses. Don’t miss this great opportunity.

• General Features
  • County Whatcom
  • Approx Building SqFt 7,035
  • Approx Office SqFt 0
  • Approx Whse/Mfg SqFt 0
  • Zoning Class Industrial
  • Selling Office Commission 2.5
  • Style 73-Office
  • Total Covered Parking 0
  • Total Uncovered Parking 17
  • Zoning Jurisdiction City
• Building Features
  • Exterior Metal/Vinyl, Stucco
  • Foundation Poured Concrete
  • Roof Composition, Metal
  • Floor Covering Concrete, Hardwood, Slate
• Property Features
  • Depth of Lot 0
  • Site Frontage 0
  • Water-Sewer-Garbage 0
  • Sewer Sewer Connected
  • Number of Available Pads 0
  • Lot Square Footage 72,087
• Financials
  • Vacancy Rate 5
  • Total SqFt Rented 7,035
  • Total Monthly Rent $10,553
  • Gross Rent Multiplier 14
  • Cap Rate -NOI div LP 6.22
  • Gross Scheduled Income $126,630
  • Gross Adjusted Income $120,299
  • Total Expenses $2,406
  • NOI $117,893
  • Electrical Expenses $0
  • Tax Expense $8,380
  • Heating Expense $0
  • Insurance Expense $0
  • Other Expenses $2,406
  • Tax Year 2019
  • Annual Assoc. Dues $0