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    6955 Salashan Pkwy Ferndale, WA 98248

    Sponsored
    For Lease
    $9 SF/Yr

    40,000 SF Warehouse; Sublease Opportunity

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40,000 square foot light industrial warehouse building presents a fantastic sublease opportunity, available January 1st, 2024, and extending until June 30th, 2027. Located within the desirable Grandview Business Park, this single-story building offers significant advantages for businesses seeking efficient and well-equipped space. The structure is a fully engineered, steel-framed building, complete with a comprehensive sprinkler system for enhanced safety. Loading and unloading are facilitated by one grade-level door and one loading dock, ensuring smooth operations. The property boasts substantial heavy power capacity, catering to businesses with significant energy demands. Ample parking is readily available, complemented by excellent ingress and egress points, simplifying transportation and logistics. This is a single-tenant building, providing exclusive use of the entire 40,000 square feet. The building's design and features make it ideal for a variety of industrial uses. Don't miss this chance to secure a prime location and well-maintained warehouse space in a thriving business park. Contact us today to schedule a viewing.

    Property Features for 6955 Salashan Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    30000

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    40,000 SF
    Rate per SF
    $9

    HighLights

    • 40,000 SF single‑tenant warehouse available for sublease.
    • Located in Grandview Business Park.
    • Features one grade‑level door, one loading dock, and heavy power.
    • Fully sprinklered steel construction.
    • Ample parking with excellent access.
    • Available January 1, 2024, until June 30, 2027 (sublease).
    Property Profile Location Intelligence

    Current Use by Public Records

    Montigo (Factory) Fireplace Manufacturer

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Pharmacy Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.6132468
    Latitude
    48.8955538

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    FAQs

    What type of property is this?
    Distribution property - 40,000 SF Warehouse; Sublease Opportunity
    Where is this distribution property located?
    The property is located at 6955 Salashan Pkwy Ferndale, WA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 40,000 SF single-tenant warehouse available for sublease.; Located in Grandview Business Park.; Features one grade-level door, one loading dock, and heavy power.
    Request Owner's contact information
    6955 Salashan Pkwy Ferndale, WA 98248
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6955 Salashan Pkwy Ferndale, WA 98248
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