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Remodeled Anchored Shopping Center
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4305 Meridian Street, Bellingham, WA 98226

Fully occupied retail center with long-term NNN leases and a tenant lineup including Hobby Lobby, HomeGoods, and Sierra Trading Post.

Property SizeContact for details
Days on Market145

Property Features for 4305 Meridian Street

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants Hobby Lobby, HomeGoods, Sierra Trading Post

Building Details

Tenancy Multi
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:40PM

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 Northmarq - Seattle

Investment Insights

Based on property information with market context.

This fully occupied shopping center has been extensively remodeled and features new long-term NNN leases. The tenant roster includes Hobby Lobby, HomeGoods, and Sierra Trading Post, providing a mix of established retail occupants within the center. The property also benefits from the presence of an adjoining TJ Maxx store at Cordata Center.

Recent capital improvements and the current lease structure support a stabilized retail investment profile. The center is located at 4305 Meridian Street in Bellingham, Washington, and its tenant lineup includes the TJX growth companies HomeGoods and Sierra Trading Post alongside Hobby Lobby.

Key Highlights

  • 100% occupied retail center
  • Extensively remodeled with extensive capital improvements
  • New long‑term NNN leases

Property Analytics

Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom Plumbing Service

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

910
Businesses Nearby
536k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 24% Dining 24% Superstores 20% Apparel 15%
Walmart Superstores
108,008 visits/mo 0.2 miles
Texas Roadhouse Dining
38,174 visits/mo 0.1 miles
Hobby Lobby Shops & Services
37,892 visits/mo 0.2 miles
T.J. Maxx Apparel
36,818 visits/mo 0.3 miles
HomeGoods Home Improvements & Furnishings
31,839 visits/mo 0.2 miles

Demographics for 98226, WA

47,011
Population
20,609
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
105.8 sq mi
ZIP Area
444
Density / Sq Mi
$79,684
Median Household Income
$45,337
Median Earnings
$1,557
Median Rent
$568,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Cordata Place 4151 Meridian St, Bellingham, WA 98226
  • Bellingham Business park 4200-4210 Meridian St, Bellingham, WA 98226
  • ChargeItSpot 4289 guide meridian, bellingham, wa 98226
  • Cordata Center 4251 Meridian St, Bellingham, WA 98226

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail center with long-term NNN leases and a tenant lineup including Hobby Lobby, HomeGoods, and Sierra Trading Post.
Where is this shopping center located?
The property is located at 4305 Meridian Street Bellingham, WA.
What are key features of this property?
This property features: 100% occupied retail center; Extensively remodeled with extensive capital improvements; New long‑term NNN leases
More about this property
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