Lynden Warehouse Property for
415 Depot Rd Lynden, WA 98264
415 Depot Rd, Lynden, WA, 98264
$3,352,892
Pending
For Sale
$3,352,892
Pending
32,760 sqft warehouse property available in Lynden, Washington.
Property Size32,760 SF
Days on Market263
Property Features for 415 Depot Rd
General Information
- Standard status
- Pending
- Size
- 32,760 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1936
Listing Agency
CUSHMAN & WAKEFIELD
Listed by
JAMES REED, SIOR
Source
Corcoran
Added: Oct 31, 2025 Updated: Jul 6 at 9:57 am Checked: Jul 20 at 4:01 am
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 CUSHMAN & WAKEFIELD
Investment Insights
Based on property information with market context.
A 32,760 square foot warehouse property is available for sale. The property is located on Depot Road in Lynden, Washington.
Key Highlights
- 32,760 sqft warehouse property
- Located in Lynden, Washington
- Warehouse property
Local 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 | $294.8k | $9.00 |
| − Vacancy | −$5.8k | −$0.18 |
| EGI | $289.1k | $8.82 |
| − OpEx | −$43.4k | −$1.32 |
| NOI | $245.7k | $7.50 |
32,760 SF · lease $9.00/SF/yr · vacancy 1.96% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.51M
$3.07M – $4.10M
NOI $245,702 @ 7.0% cap · market cap 7.33%
Second Best
Industrial
$2.89M
$2.53M – $3.37M
NOI $202,343 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$7.73M
$6.76M – $9.02M
NOI $540,983 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CHS Northwest Lynden ...
Pet Store & Service
Similar For Sale Nearby
Similar Off Market Nearby
- Lynden Storage — 210 Nooksack Ave STE 101, Lynden, WA 98264
- Americold Logistics Lynden — 406 2nd St, Lynden, WA 98264
FAQs
What type of property is this?
Warehouse - 32,760 sqft warehouse property available in Lynden, Washington.
Where is this warehouse located?
The property is located at 415 Depot Rd Lynden, WA.
What is the asking price?
The asking price for this property is $3,352,892.
What are key features of this property?
This property features: 32,760 sqft warehouse property; Located in Lynden, Washington; Warehouse property
