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    201 Cascade Mall Dr Burlington, WA 98233

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    201 Cascade Mall Dr Burlington, WA 98233


    • Lifestyle centers
    • 446,430 SF
    • 63.66 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Proactiv Automated Kiosk / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Burlington Gallery / Shopping Center & Mall
    • T.J. Maxx / Jewelry Store / Men'S Clothing Store
    • Super Brow Threading / Hair Salon / Nail Salon
    • Spirit Halloween / (Bike/Boat/Book/etc) Store

    Property Details for 201 Cascade Mall Dr

    Lot size
    63.66 lot acres
    Property size
    446,430 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Burlington Gallery, a 446,430 square foot former enclosed mall in Burlington, WA (zip code 98233), offers a unique redevelopment opportunity. Situated on 63.66 acres at 201 Cascade Mall Dr, this single-story building boasts 2248 parking spaces and is zoned MUC-2. Currently, 60,000 square feet of prime retail space is available for lease in Suite 700 (former Macy's Women's), offering exceptional visibility from Interstate 5. This space is in essentially the same condition as when previously used for retail and anticipates renovations, whether minor or major. The property's strategic location at the crossroads of I-5 and State Highway 20, makes it highly accessible. Significant portions of the mall have already been successfully leased and are undergoing renovations for new uses, including indoor recreation and a community center. The remaining inline suites (123,354 sq ft) present potential for future leasing or consolidation into larger spaces for diverse uses. The property's successful repositioning strategy is further supported by the nearby Burlington Plaza, a similarly repurposed property offering smaller suites. This presents a compelling investment opportunity for businesses seeking high visibility and access to a significant consumer base in Skagit County. The property's large footprint and ample parking provide flexibility for a variety of retail and commercial uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Skagit
    State
    Washington
    Longitude
    -122.341
    Latitude
    48.4629
    More about this property
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