Burlington Industrial Warehouse For
1369 Pacific Drive Burlington, WA
For Sale
Contact for pricing
Industrial/manufacturing warehouse in a four-county hub with easy I-5 access.
Property Size31,750 SF
Lot Size1.86 Acres
Price / SF$163.78
Days on Market249
Property Features for 1369 Pacific Drive
General Information
Standard status
Active
Size
31,750 SF
Lot size
1.86 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Pacific Continental Realty, LLC
(360) 305-9977
Listed By:
KC Coonc · License #17357
(360) 305-9977
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Jul 10
Last Checked: Jul 21 at 3:14AM
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.
This industrial/manufacturing warehouse is located in Burlington, within a four-county hub serving Skagit, Whatcom, Island, and Snohomish counties. The property features concrete tilt wall construction and a 25-foot clear height. It includes ten 14-foot grade doors, four cross docks with levelers, and two 10-foot grade doors. The warehouse benefits from partial in-floor drains, skylights, and side window daylighting. The property has a substantial power service, offering 3,000 Amps at 480 Volt 3-Phase and 1,600 Amps at 208/110 Volt Single Phase. The location provides convenient truck access to both northbound and southbound I-5, along with ample employee parking. The available space totals 31,750 square feet, configured with 27,200 square feet of warehouse space and 4,550 square feet of office space.
Key Highlights
- High power capacity: 3,000 Amps 480 Volt 3‑Phase and 1,600 Amps 208/110 Volt Single Phase.
- Excellent loading capabilities: Ten 14’ grade doors and four cross docks with levelers.
- Strategic location: Situated in a four‑county hub with easy I‑5 access.
Financial Insights For Warehouse
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 | $388.6k | $12.24 |
| − Vacancy | −$5.6k | −$0.18 |
| EGI | $383.0k | $12.06 |
| − OpEx | −$57.4k | −$1.81 |
| NOI | $325.5k | $10.25 |
31,750 SF · lease $12.24/SF/yr · vacancy 1.45% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.65M
$4.07M – $5.43M
NOI $325,537 @ 7.0% cap · market cap 6.26%
Second Best
Industrial
$3.83M
$3.35M – $4.47M
NOI $268,090 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$12.91M
$11.30M – $15.07M
NOI $903,912 @ 7.0% cap · market cap 17.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Aztec Self Storage — 650 Pease Rd, Burlington, WA 98233
- Advanced Self Storage in Burlington — 600 Fisher Ln, Burlington, WA 98233
- Bellingham Cold Storage Burlington Dry — 1600 Port Dr, Burlington, WA 98233
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial/manufacturing warehouse in a four-county hub with easy I-5 access.
Where is this warehouse located?
The property is located at 1369 Pacific Drive Burlington, WA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: High power capacity: 3,000 Amps 480 Volt 3‑Phase and 1,600 Amps 208/110 Volt Single Phase.; Excellent loading capabilities: Ten 14’ grade doors and four cross docks with levelers.; Strategic location: Situated in a four‑county hub with easy I‑5 access.
