Spaces For Lease

at 5530 Nordic Way

Desirable Ferndale Location $45,000/Mo

Size 57,964 SF

Type INDUSTRIAL

Lease Type NNN

Availability AVAILABLE

Very desirable location in Ferndale. NOTE- The quoted rent is for the building and 5.5+/- acres. The quoted base rent for the entire site is $60K/mo NNN. NNNs to be confirmed. Property is also available for sale. Call broker to show.

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Listing Agency: The Bedford Group, Inc.

Listed By: Erin Sundean Show Phone

Source: Moodyscre

Added: Nov 13, 2024 Changed: Oct 3 Last Checked: Oct 14 at 11:25PM

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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 The Bedford Group, Inc.

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Investment Insights

Based on property information with market context.

This warehouse property contains 57,964 square feet and is offered with approximately 5.5 acres of associated land. The combined building and site provide a substantial commercial footprint for warehouse-oriented operations.

The property is located at 5530 Nordic Way in Ferndale, Washington. It is available for rent and is also offered for sale, providing flexibility for different occupancy and acquisition requirements.

Key Highlights

• 57,964‑square‑foot warehouse
• Approximately 5.5 acres included with the building
• Located at 5530 Nordic Way, Ferndale, WA 98248

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Catering Service 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

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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 Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Large warehouse property paired with an expansive site in Ferndale.

Where is this warehouse located?

The property is located at 5530 Nordic Way Ferndale, WA.

What is the lease rate?

The lease rate is $45,000.

What are key features of this property?

This property features: 57,964‑square‑foot warehouse; Approximately 5.5 acres included with the building; Located at 5530 Nordic Way, Ferndale, WA 98248