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1195 Boblett St
Blaine, WA 98230

$7,677,728 USD

Drugstore For Sale  •  17,340 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 17,340 SF
  • Lot Size 1.94 AC
  • Building Class B
  • Year Built 2014
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning MA
0 Transit Score
45 Walk Score

Highlights

Extremely strong performing location with a low rent to sales ratio (contact broker for details)
CVS assumed the lease from Rite Aid in 2025
CVS is an investment grade tenant – S&P: BBB
Absolute NNN – No landlord responsibilities
Over 7 years remain on the lease
Directly across from Blaine High School

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS Pharmacy 1/31/2034

Public Transportation

AirportDriveWalkDistance
Bellingham International 23 min - 18.9 mi
Abbotsford International 47 min - 21.5 mi
Vancouver International 46 min - 29.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
John Feeney 847-562-9280 The Boulder Group
John Feeney 847-562-9280 The Boulder Group