875 Wesley Street 1 1, Arlington, WA, 98223
875 Wesley Street 1Arlington, WA 98223
Listing courtesy of Jeff Ayers of Ayers Commercial Group
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Located adjacent to the Skagit Regional Health campus and Cascade Valley Hospital, the Whitehorse Medical Center is a multi-tenant medical office condo anchored by Skagit Regional Health and Western Washington Medical Group. Ideal opportunity for: 1. Value-add investment. Strong rent roll, with rental rates on occupied spaces averaging $29.36/SF, NNN. High historical occupancy, but pricing based on current 87% occupancy, provides an investor with stable cash flow with upside. 2. Owner-occupied medical group. With only 5,152 square feet leased on a long-term lease, the property provides a new owner with the opportunity to purchase a high-quality medical building, at well below replacement cost, and occupy space as leases expire.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
Listing courtesy of Jeff Ayers of Ayers Commercial Group
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Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT
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