You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

200-496 Fashion Way Burlington, WA 98233

185,230 SF 19.06 ac lot Built 1989
Property ID
Property summary
AI-generated overview

Burlington Plaza presents an exceptional opportunity for businesses seeking versatile office or retail space in Skagit County's thriving Burlington submarket. This four-building complex, totaling 185,230 square feet, underwent a complete renovation in 2022, offering modern amenities within a newly revitalized setting. The property boasts 43 individual suites, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 16,010 square feet, providing flexibility for various business needs. Currently, 101,550 square feet of space is available for lease. The complex sits on a substantial 19.06-acre lot (830,215 square feet), providing abundant free parking for tenants and customers – a total of 998 spaces. Strategically located adjacent to Costco, between Interstate 5 and Burlington Boulevard, Burlington Plaza benefits from exceptional visibility and high traffic counts, with an average daily traffic (ADT) of 61,000 on I-5 and 27,000 on Burlington Boulevard. The property is zoned C-1 and features single-story buildings constructed in 1989. There are no Net, Net, Net (NNN) expenses until 2024. The property is ideal for a variety of uses, including traditional office and medical office spaces, and offers the possibility of combining suites to accommodate larger tenants.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1989
Total area 185,230 SF
Lot 19.06 ac (830,254 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 200-496 Fashion Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message