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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.PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 875 Wesley Street
City: Arlington
State: Washington
Postal Code: 98223
County: Snohomish
MLS Number: 2293299
Year Built: 1991
Courtesy of Ayers Commercial Group
City: Arlington
State: Washington
Postal Code: 98223
County: Snohomish
MLS Number: 2293299
Year Built: 1991
Courtesy of Ayers Commercial Group
Courtesy of Dave Nelson Real Estate