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Park Manor Shopping Center 3227 Northwest Ave 2,000 - 12,000 SF of Retail Space Available in Bellingham, WA 98225
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-12,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
3227Northwest Avenue – FOR LEASE General Commercial / Retail Approximately 11,000–12,000 SF of prime retail space is available for lease in the former Rite Aid building at 3227Northwest Avenue in Bellingham, WA. Northwest Avenue is a major north–south commercial corridor offering high visibility and traffic counts exceeding 16,000 vehicles per day. This location provides direct, easy access to Northwest Ave and Birchwood Avewhich leads to a fully signalized intersection. The property is surrounded by national and regional retailers, banks, QSRs, sit-down restaurants, and dense residential neighborhoods. The building totals 16,497 SF and is being reconfigured into a multi-tenant NNN layout. Approximately 5,000 SF has been leased to an appliance retailer. The remaining space is flexible and can be demised to accommodate a future tenant’s specific size and layout requirements. The landlord is highly flexible on configuration. Additional features include: Built-out pharmacy area with drive-through on thewest side, Commercial freezer and refrigerated space on the north side (see attached plans/photos), High ceilings, Heavy 3-phase power, Fire sprinkler system, Commercial HVAC, Alarm system, Rear grade-level commercial loading and 69 on-site parking stalls. The landlord is prepared to complete demising work and provide separate exterior access. Tenant Improvement (TI) allowances are negotiable.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
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 Park Manor Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Rite Aid
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Rite Aid | Retailer | - | - |
Property Facts
| Total Space Available | 12,000 SF | Gross Leasable Area | 16,497 SF |
| Min. Divisible | 2,000 SF | Total Land Area | 2.38 AC |
| Property Type | Retail | Year Built | 1981 |
| Property Subtype | Drug Store | Parking Ratio | 26.37/1,000 SF |
| Total Space Available | 12,000 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 16,497 SF |
| Total Land Area | 2.38 AC |
| Year Built | 1981 |
| Parking Ratio | 26.37/1,000 SF |
Nearby Major Retailers
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Park Manor Shopping Center | 3227 Northwest Ave
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