875 Wesley Street #1, Arlington, WA 98223 (MLS # 2293299)

Listing provided courtesy of Northwest MLS; Ayers Commercial Group

PRICE	$6,000,000
SIZE	n/a
LOT SIZE	1.67 ac

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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.

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)
MLS STATUS	Active
STYLE	73 - Office
SUBDIVISION	Arlington

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Properties with the Logo 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 3/14/25 2:58 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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