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816 S Spruce St
Burlington, WA 98233

$2,816,000 USD

Warehouse For Sale  •  14,400 SF

Property Details

• Property Type Warehouse
• Total Building Size 14,400 SF
• Lot Size 2.23 AC
• Building Class C
• Year Built 1985
• Tenancy Single

0 Transit Score

62 Walk Score

Highlights

Strong Corporate Guarantee / Investment Grade Parent Company: SRS Distribution is the fastest growing distributor of building products in the U.S.

Newly Executed Lease Extension / Annual Rent Increases: SRS Distribution just executed a 5-year lease extension at this location

Functional Industrial (IOS) Facility / Passive Investment: This functional ±14,400 SF facility is situated on ±2.23 acres of land

Income Tax Free State / Strategic Location: Washington benefits from no state income tax offering significant financial advantages

The Home Depot (NYSE: HD) completed the acquisition of SRS Distribution for $18.25B

Post GMS Inc. acquisition, SRS Distribution will operate a network of 1,200+ locations nationwide with an estimated enterprise value exceeding $23B

Public Transportation

Commuter Rail	Drive	Walk	Distance
Mount Vernon Amtrak Station (Amtrak Cascades - Amtrak)	8 min	-	4.3 mi
Airport	Drive	Walk	Distance
Bellingham International	38 min	-	29.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes