2075 Barkley BlvdBellingham, WA 98226

Property Details for 2075 Barkley Blvd

Year built

2000

Lot size

2.51 AC

Property size (Sq ft)

41,860 SF

Zone code

PI

Property type

Healthcare properties

Property subtype

Medical offices

APN

380320 459447 0000

APU

3803204594470000

Description

This exceptional Class A medical office suite, located within the prestigious Barkley Medical Center in Whatcom County, offers 2,736 square feet of readily available space. Built in 2000 and extensively renovated in 2019, the building boasts a total of 41,860 square feet, currently featuring only this one vacant suite. The suite is situated at street level, providing excellent visibility and accessibility. Ample parking is available for both staff and clients, a significant advantage for medical practices. The space is ideally suited for medical use, already prepped for a medical build-out. A tenant improvement allowance of $35 per square foot is included in the lease rate, making this a highly attractive opportunity. The Barkley Medical Center is known as a premier location for medical tenants within Barkley Village, ensuring high visibility and a desirable address. This single vacancy within a thriving medical building presents a unique opportunity for a medical practice seeking a move-in ready, high-quality space. The building's multiple tenancy structure ensures a diverse and vibrant community of medical professionals. Don't miss this chance to secure a prime location in a well-maintained, modern facility.

• CAP approach

  CAP return

  Valuation

  6%

  $11,327,419

  6.5%

  $10,456,079

  7%

  $9,709,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,225,343

  Geo Method

  $8,061,399

• Alternative Use

  Use

  Valuation

  Residential

  $12,965,538

  Hospitality

  $11,876,363

  Educational

  $9,880,995

  Medical

  $10,220,817

  Retail

  $15,370,436

Location Insight

City

Bellingham

County

Whatcom

State

Washington

Latitude

48.7718

Longitude

-122.447

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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