130 Fairhaven Ave Burlington, WA 98233-1740
This exceptional commercial property, located at 130 E Fairhaven Ave in Burlington, WA 98233, presents a unique opportunity for businesses seeking prime retail or office space. The property, a former Thrifty Foods building, boasts a total of 30,156 square feet, with 21,638 square feet currently available for lease. Situated at the high-traffic intersection of Fairhaven Avenue and Burlington Boulevard, this multi-tenant building offers excellent visibility and accessibility. A portion of the building (8,518 square feet) is already leased to AutoZone, providing an established tenant base. The remaining 4,100 square feet of vacant space is ideal for a variety of uses. The property includes a shared pylon sign at the prominent intersection, enhancing visibility for tenants. Landlords are open to various lease terms, including tenant improvement allowances, complete rebuilds, or even pad development as part of a larger project. The property is zoned MUC-1 (Mixed Use Commercial), offering flexibility in permitted uses. The site also benefits from a 6,000+ square foot employee parking lot across the street. All information is deemed reliable but not guaranteed
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.