Comcast Building

400 Sequoia Drive Bellingham WA 98226

Listing #: 580363 | Status: Sold | Closing Date: 11/17/2017 | Last Modified: 11/21/2017 |

For Sale

400 Sequoia Drive Bellingham WA 98226

Comcast Building
Agent Information
Showing Instructions
Call Listing AgentNo
Use DiscretionNo

Ken Reinschmidt, CCIM

(360) 676-4866

Saratoga Commercial RE

(360) 676-4866

Listing Information
Listing Price$ 8,189,000
$/SF$ 142.48
Listing StatusSold
Days On Market346
Asset ClassOffice, Industrial
Search TagsMulti-Tenant
Surveys Available
Closed Sales Only
Actual Sold Price$ 7,750,000
$/SF$ 134.84
Closing Date11/17/2017
Investment Information
Investment TypeProforma
Investment PropYes
Gross Income$ 791,010
Vacancy Factor %3.00%
Operating Expenses$ 194,000
Net Operating Income$ 573,279
CAP Rate7.00 %
Retail Information
Signage Signage on Building and Freestanding
Industrial Asset Class Info
Clearance Height Min20
Clearance Height Max20
Dock High Doors1
Grade Level Door Count1
Gas AvailableYes
Electric StandardYes
Electric HeavyYes
Property Information
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
# of Elevators1
Total Building Sq/ft57,476
Largest Continuous Sq/ft24,000
Lot Sq/ft179,032
Property Type
Property TypeOffice
Office TypeMulti-Tenant
Building ClassB
Cross StreetCordata
Market AreaWhatcom County
Tax ID #380201321178
Parking Information
# Uncovered Spaces161
Total Parking Spots161
Parking Ratio5:1
Year Built1992
Roof TypeMembrane
Construction TypeConcrete

Public Comments: Quality investment property with strong anchor tenant. Comcast Corp service center for all counties north of Everett. 48,000 sf occupied by same tenants over 10 years. $750,000 TI invested in 2016 to renew all Tenants in the building. High quality finished concrete tilt construction. Built in 1998 and looks like new condition.

Showing Instructions: Call Listing Agent to schedule showing.

Search Tags: Government, Gym/Rec Center, Medical/Dental, Mixed-Use, Multi-Tenant, School, Special Use, Data Center/Call Center, Research & Development, Business Park, Bank,

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