805 Badger RdLynden, WA 98264
- Industrial properties
- 11,061 SF
Property Details for 805 Badger Rd
- Year built
- 1974
- Lot size
- 0.66 AC
- Property size (Sq ft)
- 11,061 SF
- Zone code
- IBZ
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 400317 401515 0000
- APU
- 4003174015150000
Description
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.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,415,002
- Hospitality
- $3,128,124
- Educational
- $2,602,562
- Medical
- $2,692,068
- Retail
- $4,048,430
Location Insight
- City
- Lynden
- County
- Whatcom
- State
- Washington
- Latitude
- 48.9642
- Longitude
- -122.446
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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