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    Bellingham, WA NNN Properties for Sale

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    Ferndale, WA Lummi Island, WA Lynden, WA
    Freestanding Retail Building with Corporate Lease
    $5,900,000
    12,096 SF

    Freestanding Retail Building with Corporate Lease

    189 East Bakerview Road, Bellingham, WA 98226

    Freestanding 12,096 SF retail building with long-term corporate lease.

    • New 10‑year NNN corporate lease extension demonstrates Petco's commitment to the location and provides long‑term stability.
    • Enjoy a solid Annual Net Operating Income (NOI) of $325,680 for the first five years (5.52% cap rate).
    • Free‑standing, 12,096 square foot building.
    • NOI increases to $358,200 (6.1% cap rate) for the second five years of the lease.
    • Petco recently upgraded the store in 2024.
    Updated: Dec 2, 2023
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bellingham, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Oak Harbor Drive-Thru Investment
    $1,566,000
    0.43 Acres

    Oak Harbor Drive-Thru Investment

    New construction drive-thru at high-traffic Oak Harbor corner.

    31485 Hwy 20, Oak Harbor, WA 98277
    View details
    High Visibility Corner Lot
    $965,000
    12,987 SF

    High Visibility Corner Lot

    Prime corner lot with income-producing NNN ground lease.

    1120 Commercial Ave, Anacortes, Anacortes, WA 98221
    View details
    Oak Harbor Drive-Thru Investment
    $1,566,000
    0.43 Acres

    Oak Harbor Drive-Thru Investment

    New construction drive-thru at high-traffic Oak Harbor corner.

    31485 Hwy 20, Oak Harbor, WA 98277
    View details
    Anacortes Warehouse in Quantum Business Park
    $1,995,000
    0.38 Acres

    Anacortes Warehouse in Quantum Business Park

    Well-maintained warehouse with reliable tenant in Anacortes.

    12743 Quantum Lane #22, 24, Anacortes, WA 98221
    View details

    Bellingham, WA Nnn Properties Investment Opportunities Market Analysis

    Explore 1 nnn properties for sale in Bellingham, WA on our real estate platform. These investment opportunities span a total of 12,096 square feet of properties for sale, with an estimated market value of $5,900,000.

    Sale prices for triple net lease properties in Bellingham, WA start at $5,900,000, averaging $5,900,000, and reaching up to $5,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Bellingham fall within the 100,000+ square foot range.

    Demographics Overview

    Population 130K
    Population Growth (5Y) +3.1%
    Median Household Income $75,629
    College Educated 38.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify Bellingham submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    98226 $5.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.81%
    Property Tax per SF $4.17 per sq ft
    Average Loan-to-Value 65.0%

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