Class A Office Space
325 E George Hopper Rd Burlington, WA
For Sale
Contact for pricing
Turn-key office space in Advantage Business Park, Burlington, WA.
Property Size1,132 SF
Lot Size1.30 Acres
Price / SF$378.98
Days on Market466
Property Features for 325 E George Hopper Rd
General Information
Standard status
Active
Size
1,132 SF
Lot size
1.30 Acres
Property subtype
OFFICE
Listing Agency:
Gage Commercial Real Estate LLC
(360) 820-4645
Listed By:
Greg Martineau,CCIM · License #23452
(360) 820-4645
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Jul 10
Last Checked: Jul 21 at 4:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gage Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This is a turn-key, professional Class A office space located in the Advantage Business Park. The property is easily accessible from I-5 via exit 229. This ground floor end-cap office space offers visibility to George Hopper Rd and features natural light. The suite includes a large reception/open space, two private offices, and a break room with a kitchenette that includes a sink and dishwasher. Common ADA restrooms are located in the lobby. The property has 65 shared parking spaces. The office space is 1132 square feet.
Key Highlights
- Turn‑key, Class A office space in a prestigious business park.
- Ground floor end‑cap location with high visibility.
- Easily accessible from I‑5 (Exit 229).
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $35.88 |
| − Vacancy | −$8.4k | −$7.39 |
| EGI | $32.2k | $28.49 |
| − OpEx | −$8.1k | −$7.12 |
| NOI | $24.2k | $21.37 |
1,132 SF · lease $35.88/SF/yr · vacancy 20.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$345.5K
$302.3K – $403.1K
NOI $24,187 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.4K
$402.9K – $537.1K
NOI $32,228 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Turn-key office space in Advantage Business Park, Burlington, WA.
Where is this office units located?
The property is located at 325 E George Hopper Rd Burlington, WA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Turn‑key, Class A office space in a prestigious business park.; Ground floor end‑cap location with high visibility.; Easily accessible from I‑5 (Exit 229).
