325 E George Hopper Rd, Burlington, WA
Turn-key office space in Advantage Business Park, Burlington, WA.
- Added:
- Apr 21, 2025
- Days on Market:
- 420
- Last Refresh:
- May 19 at 9:48 pm
Property Features for 325 E George Hopper Rd
General Information
- Standard status
- Active
- Size
- 1,132 SF
- Lot size
- 1.30 Acres
- Property subtype
- OFFICE
Properties For Sale
at 325 E George Hopper Rd Contact us
Listing agent Greg Martineau,CCIM License #WA 23452 (360) 820-4645
Listing office Gage Commercial Real Estate LLC (360) 820-4645
Listing date Apr 21, 2025
Source Moodyscre
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 Gage Commercial Real Estate LLC
HighLights
- Turn‑key, Class A office space in a prestigious business park.
- Ground floor end‑cap location with high visibility.
- Easily accessible from I‑5 (Exit 229).
- Abundant natural light.
- Includes reception area, two private offices, and break room with kitchenette.
- Excellent parking with 65 shared spaces.
Overview
Local Financial Insights For Office B
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 | $40.6k | $35.88 |
| − Vacancy | −$8.4k | −$7.39 |
| EGI | $32.2k | $28.49 |
| − OpEx | −$8.1k | −$7.12 |
| NOI | $24.2k | $21.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Skagit
- State
- Washington
- Longitude
- -122.332
- Latitude
- 48.4525
