Search
Retail Center Near Interstate 5
For Lease
Contact for pricing

5905 Portal Way, Ferndale, WA 98248

28,000 SF retail center near I-5 in Ferndale, WA.

Property Size7,500 SF
Lot Size1.39 Acres
Days on Market3481

Property Features for 5905 Portal Way

General Information

Standard status Active
Size 7,500 SF
Lot size 1.39 Acres
Property subtype RETAIL
Listing Agency: Pacific Continental Realty, LLC
Listed By: Scott Walker
Source: Moodyscre
Added: Jan 17, 2017 Changed: Jul 6 Last Checked: Jul 21 at 5:03AM

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 Pacific Continental Realty, LLC

Investment Insights

Based on property information with market context.

Ferndale Crossings is a 28,000 square foot phased retail/commercial center situated on 2.88 acres. It is located immediately west of Interstate 5 at Exit 263, which provides a convenient route to downtown Ferndale and its residential neighborhoods. The center is 13 minutes south of the Canadian border and 10 minutes north of Bellingham, Washington. The center will consist of four buildings designed with a railroad imagery theme. Buildings B and C are planned to have a footprint of 7,500 square feet each and to be divided into preferred 1,500 square foot increments or multiples. Construction of the balance of the site improvements and these two buildings will commence once tenants for each building are committed.

Key Highlights

  • High‑traffic location immediately west of Interstate 5 (Exit 263), a primary route to downtown Ferndale.
  • Significant commercial space available: Buildings B and C offer 7,500 square feet each, divisible into 1,500 square foot increments.
  • Proximity to Canadian border (13 minutes) provides access to a large customer base of over 3.3 million residents.

Property Analytics

Current Use

Anytime Fitness Gym & Fitness Center Edaleen Dairy Grocery & Convenience Store

Suggested Use

Top Pick Electrical Service Garden Center Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 60% Shops & Services 40%
Ferndale Ace Hardware Home Improvements & Furnishings
8,434 visits/mo 0.5 miles
Shell Shops & Services
5,524 visits/mo 0.4 miles

Demographics for 98248, WA

26,784
Population
10,576
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
71.8 sq mi
ZIP Area
373
Density / Sq Mi
$88,566
Median Household Income
$50,059
Median Earnings
$1,455
Median Rent
$550,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Shopping center - 28,000 SF retail center near I-5 in Ferndale, WA.
Where is this shopping center located?
The property is located at 5905 Portal Way Ferndale, WA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: High‑traffic location immediately west of Interstate 5 (Exit 263), a primary route to downtown Ferndale.; Significant commercial space available: Buildings B and C offer **7,500 square feet each**, divisible into 1,500 square foot increments.; Proximity to Canadian border (13 minutes) provides access to a large customer base of over 3.3 million residents.
(360) 220-0370 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message