Second-Floor Office
325 E George Hopper Rd Burlington, WA 98233
For Sale
Contact for pricing
Four professionally finished second-floor office suites are located in a modern office building with a bright lobby and ample parking.
Property Size4,757 SF
Price / SF$315.32
Days on Market209
Property Features for 325 E George Hopper Rd
General Information
Standard status
Active
Size
4,757 SF
Property subtype
OFFICE
Listing Agency:
NextHome Preview Properties
(360) 661-7260
Listed By:
Melissa Pilcher
(360) 661-7260
Source:
Moodyscre
Added: Jan 2
Changed: Jul 26
Last Checked: Jul 29 at 3:43PM
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 NextHome Preview Properties
Investment Insights
Based on property information with market context.
This offering includes four professionally finished office suites on the second floor within a modern office building. The property features a bright, welcoming lobby, common restrooms, and ample parking to support client and staff needs.
The suites are positioned in Burlington’s Advantage Business Park, with quick access to I-5 via exit 229 and visibility for day-to-day business traffic.
Each suite is delivered as an office space designed for professional service, medical, or administrative uses, with a clean, accessible layout intended for clients and staff.
The suites are positioned in Burlington’s Advantage Business Park, with quick access to I-5 via exit 229 and visibility for day-to-day business traffic.
Each suite is delivered as an office space designed for professional service, medical, or administrative uses, with a clean, accessible layout intended for clients and staff.
Key Highlights
- Four professionally finished second‑floor office suites in a modern office building
- Bright, welcoming lobby plus common restrooms
- Ample on‑site parking
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 | $170.7k | $35.88 |
| − Vacancy | −$35.2k | −$7.39 |
| EGI | $135.5k | $28.49 |
| − OpEx | −$33.9k | −$7.12 |
| NOI | $101.6k | $21.37 |
4,757 SF · lease $35.88/SF/yr · vacancy 20.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,641 @ 7.0% cap · market cap 6.78%
Second Best
Healthcare Medical
$491.8K
$430.4K – $573.8K
NOI $34,429 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$1.93M
$1.69M – $2.26M
NOI $135,430 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Four professionally finished second-floor office suites are located in a modern office building with a bright lobby and ample parking.
Where is this office units located?
The property is located at 325 E George Hopper Rd Burlington, WA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four professionally finished second‑floor office suites in a modern office building; Bright, welcoming lobby plus common restrooms; Ample on‑site parking
