875 Wesley Street #1, Arlington, WA 98223 (MLS # 2293299)
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Listing provided courtesy of Northwest MLS; 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.
| DAYS ON MARKET | 1 | LAST UPDATED | 9/20/2024 |
|---|---|---|---|
| TRACT | Arlington | YEAR BUILT | 1991 |
| COMMUNITY | Arlington | COUNTY | Snohomish |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | 770 - Northwest Snohomish |
|---|---|
| HEAT | None |
| LOT | 1.67 acre(s) |
| STYLE | 73 - Office |
| SUBDIVISION | Arlington |
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/20/24 9:36 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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