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Medical Office Building with Parking
For Sale
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195 East George Hopper Road, Burlington, WA 98233

Built in 2008 with high-quality CMU construction and ample on-site parking, currently 84.51% leased to four tenants.

Property SizeContact for details
Days on Market460

Property Features for 195 East George Hopper Road

General Information

Standard status Active
Property subtype OFFICE
Occupancy 85%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 6.08%

Building Details

Year Built 2008
Construction CMU
Listing Agency: NAI Puget Sound Properties
Listed By: Al Robertson
Source: Moodyscre
Added: Jun 10, 2025 Changed: Sep 8 Last Checked: Sep 12 at 8:52AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

This medical office building was built in 2008 using high-quality CMU construction. The property is 84.51% leased to four tenants, with one medical office vacancy of 2,916 SF.

Located less than one-half mile east of I-5 with access via George Hopper Road. Retail amenities are within walking distance, including Costco and The Outlet Shoppes at Burlington, and the property offers ample on-site parking.

The owner has noted that Northwest Farm Credit will complete $191,000 of interior upgrades toward the end of the year. The property is available for sale, and the listing indicates it may be sold separately—please inquire with the listing brokers for details.

Key Highlights

  • Built in 2008 with high‑quality CMU construction
  • 84.51% leased to four tenants, with one 2,916 SF medical office vacancy
  • In‑place cap rate of 6.08%

Property Analytics

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Open Analytics

Current Use

D.A. Davidson Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Law Firm Butcher Electrical Service Storage Facility Locksmith

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

84.5%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 98233, WA

16,034
Population
7,295
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
90%
High-School Grad
33.2 sq mi
ZIP Area
483
Density / Sq Mi
$83,560
Median Household Income
$43,697
Median Earnings
$1,567
Median Rent
$466,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Built in 2008 with high-quality CMU construction and ample on-site parking, currently 84.51% leased to four tenants.
Where is this office building located?
The property is located at 195 East George Hopper Road Burlington, WA.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Built in 2008 with high‑quality CMU construction; 84.51% leased to four tenants, with one 2,916 SF medical office vacancy; In‑place cap rate of 6.08%
(425) 586-5626 Call to check price and availability
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