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Retail Center Near Interstate 5
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5905 Portal Way, Ferndale, WA 98248

28,000 SF retail center near I-5 in Ferndale, WA.

Space Size7,500 SF
Lot Size1.39 Acres
Days on Market3752

Property Features for 5905 Portal Way

General Information

Standard status Active
Size 7,500 SF
Lot size 1.39 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 5905 Portal Way Contact us

Prime Retail Space New Construction in Ferndale $24/SF/Yr

Floor
1
Size
7,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Ferndale Crossings is a 28,000 square foot phased retail/commercial center on 2.88...
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Prime Retail Space New Construction in Ferndale $24/SF/Yr

Size
7,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
New Construction with flexible layout and interior design options. Outstanding location...
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Contact us
Listing Agency: Pacific Continental Realty, LLC
Listed By: Scott Walker
Source: Moodyscre
Added: Jun 7, 2016 Changed: Aug 31 Last Checked: Sep 13 at 10:19AM

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 Pacific Continental Realty, LLC

Investment Insights

Based on property information with market context.

Ferndale Crossings is a 28,000 square foot phased retail/commercial center situated on 2.88 acres. It is located immediately west of Interstate 5 at Exit 263, which provides a convenient route to downtown Ferndale and its residential neighborhoods. The center is 13 minutes south of the Canadian border and 10 minutes north of Bellingham, Washington. The center will consist of four buildings designed with a railroad imagery theme. Buildings B and C are planned to have a footprint of 7,500 square feet each and to be divided into preferred 1,500 square foot increments or multiples. Construction of the balance of the site improvements and these two buildings will commence once tenants for each building are committed.

Key Highlights

  • High‑traffic location immediately west of Interstate 5 (Exit 263), a primary route to downtown Ferndale.
  • Significant commercial space available: Buildings B and C offer 7,500 square feet each, divisible into 1,500 square foot increments.
  • Proximity to Canadian border (13 minutes) provides access to a large customer base of over 3.3 million residents.

Property Analytics

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Current Use

Anytime Fitness Gym & Fitness Center Edaleen Dairy Grocery & Convenience Store

Suggested Use

Top Pick Building Supply Law Firm Garden Center Auto Repair Shop Electrical Service Auto Parts Store

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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Home Improvements & Furnishings 29%
Shell Shops & Services
5,524 visits/mo 0.1 miles
Portal Way Farm And Garden Home Improvements & Furnishings
2,285 visits/mo 0.3 miles

Demographics for 98248, WA

26,784
Population
10,576
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
71.8 sq mi
ZIP Area
373
Density / Sq Mi
$88,566
Median Household Income
$50,059
Median Earnings
$1,455
Median Rent
$550,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - 28,000 SF retail center near I-5 in Ferndale, WA.
Where is this shopping center located?
The property is located at 5905 Portal Way Ferndale, WA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: High‑traffic location immediately west of Interstate 5 (Exit 263), a primary route to downtown Ferndale.; Significant commercial space available: Buildings B and C offer **7,500 square feet each**, divisible into 1,500 square foot increments.; Proximity to Canadian border (13 minutes) provides access to a large customer base of over 3.3 million residents.
(360) 220-0370 Call to check price and availability
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