Whidbey Island Medical & Professional (Status: Available)

107, Main St, Coupeville, WA  98239

Newer Construction Medical-Professional Building: Built in phases from 2001 – 2005, the property is made-up of 7 buildings occupied by a diverse mix of medical, professional, retail and service office users.

Longstanding Tenant Base: 42.5% of the total GLA has occupied the property for 15 years or more, and 64.3% has occupied for 6 years or more.

Recent Lease Extensions: 13 tenants, totaling 58.5% of the total GLA, have renewed their leases within the last 18 months, showing their commitment to the location.

99.5% Rent Payment Through Pandemic

Upside in Current Vacancy: The property benefits from a 13.90% vacancy factor, providing traditional up-side to investors upon lease-up of these suites.

Listing Details

Asset Class: Retail,Office
Year Built: 2005
Building Total Square Feet: 30272
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 165
Local Zoning Information:

CBA

Listing Courtesy of: Marcus & Millichap, Inc.

Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.

Location

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