805 Badger Rd Lynden, WA 98264-9284
This exceptional 75,000 square foot industrial manufacturing building presents a compelling sale-leaseback opportunity in Lynden, Washington. Situated on a 5.02-acre lot, the property boasts a prime location, offering convenient access to Highway 536, strategically positioning it between Vancouver, Canada, and Seattle. The building, primarily constructed after 2010, features impressive 30+ foot clear heights and is exceptionally well-maintained, with no deferred maintenance. The property includes two dock-high doors and two grade-level doors, enhancing operational efficiency. Currently 100% occupied by a leading flax seed supplement provider under a 10-year net lease, this investment offers a secure, long-term income stream. Key features include a commercial freezer and cooler, and the building is connected to the City of Lynden septic system. The property is zoned IBZ and benefits from Lynden's robust growth as a business hub. This sale-leaseback transaction provides a unique opportunity to acquire a mission-critical asset in a thriving market, offering significant potential for long-term returns. The asking price is $10,500,000.
IBZ (Industrial Business Zone) - A light industrial zone that permits a mixture of industrial and commercial uses. 19.25.020 Purpose. The intent of the industrial zones is to provide a location for business and industrial uses in order to provide employment opportunities to the residents of the City of Lynden and surrounding area. From each use located there…
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
IBZ · Lynden, WAIBZ (Industrial Business Zone) - A light industrial zone that permits a mixture of industrial and commercial uses. 19.25.020 Purpose. The intent of the industrial zones is to provide a location for business and industrial uses in order to provide employment opportunities to the residents of the City of Lynden and surrounding area. From each use located therein there shall be a minimum of air pollution, air contamination, emission of odor, gases, noise and the origin of sewage wastes which shall be controlled in accordance with the standards contained in this
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.