Retail Center Near Interstate
For Lease
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5905 Portal Way, Ferndale, WA 98248
28,000 SF retail center near I-5 in Ferndale, WA.
Space Size7,500 SF
Lot Size1.39 Acres
Days on Market3800
Property Features for 5905 Portal Way
General Information
Standard status
Active
Size
7,500 SF
Lot size
1.39 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 5905 Portal Way Contact usPrime Retail Space New Construction in Ferndale $24/SF/Yr
Floor
1
Size
7,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Ferndale Crossings is a 28,000 square foot phased retail/commercial center on 2.88 acres located immediately west of Interstate 5 at Exit 263, now the most convenient route to downtown Ferndale and its most populace residential neighborhoods. The center is 13 minutes south of the Canadian border and the 3.3+ million residents living in lower mainland British Columbia, and 10 minutes north of Bellingham, the largest city in northwest Washington. When completed, the center will consist of four buildings designed with a railroad imagery theme.
The third and fourth buildings, designated as Buildings B and C, are each planned to have a footprint of 7,500 square feet 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.
Contact us Prime Retail Space New Construction in Ferndale $24/SF/Yr
Size
7,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
New Construction with flexible layout and interior design options. Outstanding location at an already a popular destination. Excellent visibility from I-5 and its 40,000+ daily vehicle traffic count. 8,450 and rapidly increasing daily vehicle traffic count on 2nd Ave and Portal Way west of I-5. Easy entry to the site from Portal Way, Second Ave and Thornton St.
Ferndale Crossings is a 28,000 square foot phased retail/commercial center on 2.88 acres located immediately west of Interstate 5 at Exit 263, now the most convenient route to downtown Ferndale and its most populace residential neighborhoods. Tax iD #: 3902201543250000
Contact us
Listing Agency:
Pacific Continental Realty, LLC
(360) 671-4200
Listed By:
Scott Walker
(360) 220-0370
Source:
Moodyscre
Added: Jun 7, 2016
Changed: Oct 25
Last Checked: Nov 1 at 8:34AM
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
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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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Home Improvements & Furnishings 29%
Shell
Shops & Services
5,524 visits/mo
0.1 miles
Portal Way Farm And Garden
Home Improvements & Furnishings
2,285 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in West region
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.
