110 Laventure RdMount Vernon, WA 98273

This exceptional investment opportunity presents a 3,010 square foot, Class B office building situated on a 0.21-acre corner lot at the controlled intersection of Division Street and LaVenture Road in Mount Vernon, Washington. The property, identified by APN numbers P81927 and P81926, boasts a 100% occupancy rate with a single tenant, RET Physical Therapy, a division of Confluent Health, under a NNN lease expiring August 31, 2027 (approximately 2.8 years remaining). The lease includes 3% annual rent bumps, providing consistent income growth. The building, constructed in 1980, features two units across one story and is zoned P-O (Professional Office), ideally located near the Skagit County medical community. The current Net Operating Income (NOI) is $95,000, yielding an attractive 8.26% cap rate. The asking price is $1,150,000, translating to $382.06 per square foot. The lease includes two five-year renewal options. All information is deemed reliable but not guaranteed