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Sublease Highlights

  • Situated in a major retail corridor near Bellis Fair Mall.
  • Easy access to Interstate 5 and regional hubs.
  • Strong consumer traffic driven by nearby shopping centers.
  • High-visibility location along Bellis Fair Parkway.
  • Surrounded by prominent retailers and restaurants.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 29,762 SF
  • May 2028
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

Prime retail space available with excellent exposure and strong traffic counts. Flexible layouts accommodate various retail concepts, with immediate occupancy options. Located within a vibrant commercial zone offering visibility, signage opportunities, and customer convenience. Proximity to Bellis Fair Mall enhances marketability for retailers seeking a dynamic environment.

  • Sublease space available from current tenant
  • Fully Built-Out as Standard Retail Space
  • Immediate occupancy options available
  • Prime retail frontage exposure
  • Flexible space layouts offered
Space Size Term Rental Rate Rent Type
1st Floor 29,762 SF May 2028 Upon Request Upon Request Upon Request Upon Request TBD

1st Floor

Size
29,762 SF
Term
May 2028
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

Prime retail space available with excellent exposure and strong traffic counts. Flexible layouts accommodate various retail concepts, with immediate occupancy options. Located within a vibrant commercial zone offering visibility, signage opportunities, and customer convenience. Proximity to Bellis Fair Mall enhances marketability for retailers seeking a dynamic environment.

  • Sublease space available from current tenant
  • Fully Built-Out as Standard Retail Space
  • Immediate occupancy options available
  • Prime retail frontage exposure
  • Flexible space layouts offered

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Dick's Sporting Goods / Ashley HomeStore

  • Tenant
  • Description
  • US Locations
  • Reach
  • Ashley
  • Furniture/Mattress
  • 990
  • International
  • Dick's Sporting Goods
  • Sporting Goods
  • 923
  • International
  • Saucony
  • Shoes
  • 65
  • National
Tenant Description US Locations Reach
Ashley Furniture/Mattress 990 International
Dick's Sporting Goods Sporting Goods 923 International
Saucony Shoes 65 National

Property Facts

Total Space Available 29,762 SF
Property Type Retail
Gross Leasable Area 81,052 SF
Total Land Area 5.99 AC
Year Built/Renovated 1988/2017

About the Property

This commercial property is located within the Bellis Fair retail corridor, one of Bellingham's busiest shopping destinations. The site sits near major regional retail anchors and enjoys substantial consumer traffic thanks to its proximity to Bellis Fair Mall. The property offers strong visibility along Bellis Fair Parkway and convenient access to Interstate 5, which connects to the broader Puget Sound region and Canadian border to the north. Its surrounding environment includes a dense mix of retail stores, dining establishments, hospitality, and entertainment options, positioning the asset as a high-demand location for diverse commercial uses. With abundant nearby amenities, ample surface parking, and integration into a thriving retail hub, the property is suited for businesses seeking to capitalize on established foot traffic and regional draw.

  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100

Nearby Major Retailers

Buffalo Wild Wings
IHOP
KeyBank
U.S. Bank Branch
Red Robin
Shari's Cafe and Pies
Trader Joe's
Bank of America
Anytime Fitness
Rent-a-center
  • Listing ID: 40102885

  • Date on Market: 2026-04-10

  • Last Updated:

  • Address: 20-24 Bellis Fair Pky, Bellingham, WA 98226

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