New Retail Space I-5
For Lease
Contact for pricing
5905 Portal Way, Ferndale, WA 98248
New construction retail space with high I-5 visibility.
Space SizeContact for details
Property Size28,000 SF
Lot Size2.88 Acres
Days on Market2400
Property Features for 5905 Portal Way
General Information
Standard status
Active
Size
28,000 SF
Class
B
Lot size
2.88 Acres
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Building Size
28,000 SF
Tenancy
Multiple
Spaces For Lease
at 5905 Portal Way Contact us- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Building B
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Building C
Listing Agency:
Pacific Continental Realty LLC
(360) 671-5000
Listed By:
KC Coonc · License #WA 17357
Source:
Crexi
Added: Jan 24, 2020
Changed: Aug 8
Last Checked: Aug 18 at 5:26PM
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.
This new construction retail space offers a flexible layout and interior design options. The property is located at a popular destination with excellent visibility from Interstate 5, which sees over 40,000 vehicles daily. Second Avenue and Portal Way, west of I-5, experience a rapidly increasing daily vehicle traffic count of 8,450. The site is easily accessible from Portal Way, Second Avenue, and Thornton Street. Ferndale Crossings is a 28,000 square foot phased retail shopping center situated on 2.88 acres immediately west of Interstate 5 at Exit 263, now the most convenient route to downtown Ferndale and its most populous residential neighborhoods.
Key Highlights
- Outstanding location immediately west of I‑5 at Exit 263.
- New Construction with flexible layout and interior design options.
- High visibility from I‑5 with 40,000+ daily vehicle traffic count.
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - New construction retail space with high I-5 visibility.
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: Outstanding location immediately west of I‑5 at Exit 263.; New Construction with flexible layout and interior design options.; High visibility from I‑5 with 40,000+ daily vehicle traffic count.
