Welcome to Whatcom | John L. Scott Bellingham
Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Property photo 6

$1,289,000

Active

Listing provided by Jay Bennett, Kidder Mathews

0

DOM

Ask Austin

About this property.

Prime commercial real estate secured by a corporate-guaranteed 7-Eleven lease with 9.5 years of remaining firm term. Located at a high-visibility, high-traffic intersection at 9200 35th Ave SW, this hands-off NNN asset offers immediate, stable cash flow at an attractive 5.6% CAP rate. This property has been meticulously qualified for a smooth transaction: a No Further Action (NFA) letter is in hand from the Department of Ecology, the underground storage tanks are double-walled fiberglass, and the tenant has officially declined their Right of First Offer (ROFO). Perfect for 1031 exchange buyers seeking a passive, low-risk corporate tenant in a robust, high-demand Seattle submarket.

Property details.

Property TypeCommercial Sale
Sub TypeCommercial Industrial
Year Built1964
Lot Acres0.45
List Price$1,289,000
MLS StatusActive

Features.

Exterior

Wood

Agent information.

List AgentJay Bennett
List OfficeKidder Mathews
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

Schedule a Showing

Pick a day and time, and Austin will follow up to confirm.

By continuing, you consent to be contacted by Welcome to Whatcom and John L. Scott - Bellingham about this showing via call, text, or email.

Listed by: Jay Bennett, Kidder Mathews

Courtesy of Kidder Mathews

Source: NWMLS, MLS#: 2537697NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 06/10/2026, 13:30:19 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Provided by NWMLS as distributed by MLS Grid.

IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.

Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited.