Our Office Locations Windermere Bellingham Windermere Birch Bay Blaine Windermere Fairhaven Windermere Lynden

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1 Our Office Locations Windermere Bellingham 515 W. Bakerview Rd Bellingham, WA (360) wrecommercial.com WINDERMERE COMMERCIAL PROPERTIES Skagit & South Counties March 2015 Windermere Birch Bay Blaine 8105 Birch Bay Square St Blaine, WA (360) wrecommercial.com Windermere Fairhaven 1200 Old Fairhaven Pkwy, #106 Bellingham, WA (360) wrecommercial.com Windermere Lynden 8071 Guide Meridian, #105 Lynden, WA (360) wrecommercial.com

2 Table of Contents Buildings For Sale Page 2 Vacant Land For Sale Pages 3-5 Buildings For Lease Pages 6-9 For Detailed Property Information Contact: Windermere Commercial (360) Josh Baijot (360) joshandjolene@gmail.com Jeff Baker (360) jeffbaker@windermere.com KC Coonc (360) kc@northsoundcommercial.com Tim Cornwell (360) timcornwell@windermere.com Gary Davidson (360) garydavidson@windermere.com Paul English (360) paulenglish@windermere.com Kevin Geraghty, CCIM (360) keving@windermere.com Bill Henshaw (360) bhenshaw@windermere.com Mike Hinkle, CCIM (360) mhinkle@windermere.com Jeff Hopwood (360) jeffhopwood@windermere.com David Hovde (360) dhovde@windermere.com Jeff Johnson (360) jajohnson@windermere.com Kirby Jones (360) kirbyjones@windermere.com Jim Kaemingk (360) jim@jimk.net Mike Kent (360) mike@mikekent.com Mike Kingsley (360) Kingsley@windermere.com Jason Loeb (360) jasonlob@gmail.com Ryan Martin (360) ryan@northsoundcommercial.com Gary Medearis (360) garymedearis@windermere.com John Mitzel (360) johnemitzel@windermere.com Ethan Potts (360) ethanpotts@windermere.com Michael Reams (360) michael@northsoundcommercial.com Jon Soine (360) jon@jonsoine.com Lyle Sorenson (360) lylesorenson@windermere.com Neal Swanson (360) swanson@windermere.com Karen Timmer (360) Karen@karentimmer.com John Templeton (360) johntempleton@windermere.com Lester Van Mersbergen (360) lestervan@windermere.com Windermere Commercial Skagit County (360) Page 1 Windermere Commercial Skagit County (360) Page 10

3 BUILDINGS: FOR LEASE BUILDINGS: FOR SALE Stewart Rd., Mt. Vernon - 10,700 SF Retail / Warehouse building (Former Sears retail / distribution) located at the corner of Freeway Dr. and Stewart Rd. with I-5 frontage in Mt. Vernon, WA. Close convenient access to I-5 via exit 277. Fenced, paved yard and gravel yard areas. Has good parking (24 stalls), 22 ft. clear height warehouse, sprinkled, loading doors, and 3dock high doors. On 1.27 acres in mixed us Commercial area. Can be leased for a multitude of uses NE Bellevue-Redmond, Bellevue- Lot size: 33,800 Sq Ft. Previous Conoco Phillips Service Station. Current: Highline used Auto Sales. Prime Bellevue location adjacent Safeway and Evergreen Village. Blocks to I-405 & SR 520. Zoning BRCR. Solid 2 bay garage with office space. Fuel tanks removed and permitted $0.55-$0.58 CBA# Contact John Mitzel (360) $3,500,000 CBA# Contact Josh Baijot (360) Walnut St., Burlington - This steel flex warehouse space is conveniently located in Burlington and easily accessed from I-5. 10,700 square feet are available with a 22 foot. clear span ceiling, roll up doors, 3 phase power and is connected to the sewer and main water line. This property would be ideal for a retail, office, warehouse or industrial business. $0.59 CBA# Contact Michael P. Reams (360) S Burlington Blvd, Burlington - Great location in Burlington for wide range of retail sales use or professional office with convenient freeway access at the George Hopper exit #229. This 4,278 sq ft former bank building has a drive-thru, ample parking, and significant expansion potential. Property includes 3 tax parcel, P24044, P24047, & P24056 for a total of 1.97 acres zoned General Commercial right on Burlington Blvd between the Outlet Shoppes, Burlington Coat Factory & Costco. Excellent visibility for pylon signage. $1,450,000 CBA# Contact KC Coonc or Ryan Martin (360) NOTES Eastern Avenue, Sedro Woolley - Fully leased with great tenant. This commercial building is adjacent to downtown post office. Approximately 2560 sq ft with two bathrooms and two large garage bay doors. Listing includes vacant lot to North. Wonderful opportunity to invest with instant cash flow and opportunity to expand. $200,000 CBA# Contact Mike Kent or John Mitzel (360) Orcas Rd, Orcas Island - 6 Units plus a deep water dock. Walk to Ferry. Currently one unit used as restaurant. $1,280,000 CBA# Contact Bill Henshaw (360) Seafarer s Way, Anacortes - The Cannery Building is located in Anacortes fronting on the South side of the Cap Sante Marina. This Building is the East Building of a two building project with a connecting/shared entry Atrium. The West Building is listed for sale by a separate Listing Agreement. $2,950,000 CBA# Contact John Mitzel (360) Riverside Dr., Mt Vernon - Very nice newer office building in prime location at north end of Riverside Drive connecting the commercial core of Burlington near Costco, Home Depot, Best Buy and other major big box retail. Two floors with very attractive entry lobby and short stairway with landing, elevator can be installed in or out if desired. Configured in five separate office spaces but designed for six, each with separate plumbing and HVAC. Perfect for owner occupancy. $900,000 CBA# Contact Fred Sexton (360) Windermere Commercial Skagit County (360) Page 9 Windermere Commercial Skagit County (360) Page 2

4 VACANT LAND: FOR SALE BUILDINGS: FOR LEASE TH Street, Anacortes - Half city block in downtown Anacortes business core with outstanding views from East portion to inner harbor and marina. Environmental, impact studies are complete and plans are available for 9616 sq. ft. of commercial space and 24 apartment units in prime location. Rare opportunity to run with existing plans W Stewart Rd, Mt. Vernon - This is a high visibility, executive office building, that is centrally located on George Hopper Road in downtown Burlington. 2,460 square feet are available in this Class A business center that was built in 2004 in which is has excellent signage, high end finishings, ample parking and is easily accessed from I-5 and Burlington Boulevard. $2,800,000 CBA# Contact Mike Kent (360) $12.00 SF/ NNN CBA# Contact Jason Loeb (360) th Ave, Marysville - 1-plus acre corner lot zoned light industrial in Marysville Industrial Park. Centrally located with excellent visibility with water, sewer, gas, and heavy power in street. Certain development may qualify for impact fee reduction through Living Wage Incentive Program offered by City of Marysville. Broad use zoning from manufacturing, distribution, fabrication, limited retail, auto repair, auto sales, equipment repair, equipment sales & eating-drinking establishments. Easy truck access W Stewart Rd, Mt. Vernon - Great freeway visibility and complete TIs characterize this east facing suite in a the Riverbend Building, kitty corner to the new Super Wal-Mart in Mount Vernon, WA. One of 10 suites in this building which completely refurbished including parking along frontage, high monument signage, and architecturally designed elevations. This suite benefits from high traffic and a pattern of cars stopping directly in front of the main building. Anchored by Anytime Fitness, medical, and religious organizations. $395,000 CBA# Contact KC Coonc or Ryan Martin (360) $14.00 SF/ NNN CBA# Contact Jason Loeb (360) W Blackburn Rd, Mt. Vernon acre property that fronts Blackburn Rd. The property can be combined to 2 additional parcels to create a 3.22 acre site with 2 access points. The zoning is Commercial / Limited Light Industrial and allows for a broad range of industrial and retail uses. The location has convenient Interstate 5 truck access off Anderson Road Exit 225 or Kincaid Street Exit 226 for North or South distribution. Seller has assembled approx acres with the intent of completing a regional storm water system for single large user or various lot sizes. $499,000 CBA# Contact John Mitzel, KC Coonc, or Ryan Martin (360) W Stewart Rd, Mt. Vernon - Great opportunity to locate your business next to thriving Anytime Fitness in Mount Vernon, WA. West facing suite in a building kitty corner to the new Super Wal-Mart building in Mount Vernon, WA. One of 10 suites in this building which completely refurbished including parking along frontage, high monument signage, and architecturally designed elevations. This suite benefits from high traffic and a pattern of cars stopping directly in front of the suite. Join Anytime Fitness and MultiMed in this terrific new site. $14.00 SF/ NNN CBA# Contact Jason Loeb (360) SE Bayshore Dr, Oak Harbor - Prime development site with 414` of waterfront in the City of Oak Harbor. All utilities in the street. Ideal for a mixed use project commercial/residential. Entitlements in place for 119 units and 15,867 S.F. of retail office over 179 units of structured parking. 1,650,000 CBA# Contact Bill Henshaw (360) W Stewart Rd, Mt. Vernon- Northwest facing corner suite in a building kitty corner to the new Super Wal-Mart building in Mount Vernon, WA. One of 10 suites in this building which completely refurbished including parking along frontage, high monument signage, and architecturally designed elevations. This suite benefits from high traffic and a pattern of cars stopping directly in front of the suite. Join Anytime Fitness and MultiMed in this terrific new site. $12.00 SF/ NNN CBA# Contact Jason Loeb (360) S Burlington Blvd, Burlington - 4 acre parcel zoned C-1 Commercial that was formerly used as a manufactured home sales yard. The location would serve a broad range of commercial uses that include multifamily with commercial element, hotel, or other commercial sales type uses. Centrally located with easy access to services and I-5. One of the few larger parcels not yet developed along Burlington Blvd. Seller is pursuing a contract rezone for high density multifamily W Stewart Rd, Mt. Vernon - River facing suite in a building kitty corner to the new Super Wal-Mart building in Mount Vernon, WA. One of 10 suites in this building which completely refurbished including parking along frontage, high monument signage, and architecturally designed elevations. This suite benefits from high traffic and a pattern of cars stopping directly in front of the suite. Join Anytime Fitness and MultiMed in this terrific new site. $1,500,000 CBA# Contact KC Coonc or Ryan Martin (360) $12.00 SF/ NNN CBA# Contact Jason Loeb (360) Cedardale Rd, Mt. Vernon acre sales yard that is highly visible from I-5 with huge double sided pylon signage! C-2 Commercial Zoning with a former use as a manufactured home sales yard. The location would serve a broad range of commercial uses where the user is looking for high visibility and easy I-5 access off Anderson Road Exit 225. Turnkey sales office is move in ready. $999,900 CBA# Contact KC Coonc or Ryan Martin (360) W Stewart Rd, Mt. Vernon- NE facing suite in a building kitty corner to the new Super Wal-Mart building in Mount Vernon, WA. One of 10 suites in this building which completely refurbished including parking along frontage, high monument signage, and architecturally designed elevations. This suite benefits from high traffic and a pattern of cars stopping directly in front of the suite. Join Anytime Fitness and MultiMed in the NE corner of this terrific new site. $12.00 SF/ NNN CBA# Contact Jason Loeb (360) Windermere Commercial Skagit County (360) Page 3 Windermere Commercial Skagit County (360) Page 8

5 BUILDINGS: FOR LEASE VACANT LAND: FOR SALE E George Hopper Rd, Burlington - This is a high visibility, executive office building, that is centrally located on George Hopper Road in downtown Burlington. 2,460 square feet are available in this Class A business center that was built in 2004 in which is has excellent signage, high end finishings, ample parking and is easily accessed from I-5 and Burlington Boulevard. $21.00 SF/ NNN CBA# Contact Michael P. Reams (360) Gunn Rd, Mt. Vernon acre property located at the end of Gunn Rd. The property can be combined with an additional parcel to create a 6 acre site that would front Cleveland Ave and Gunn Rd. The zoning is Commercial / Limited Light Industrial and allows for a broad range of industrial and retail uses. The location has convenient Interstate 5 truck access off Anderson Road Exit 225 or Kincaid Street Exit 226 for North or South distribution. Seller has assembled approx acres with the intent of completing a regional storm water system for single large user or various lot sizes. $450,000 CBA# Contact KC Coonc, Ryan Martin, or John Mitzel (360) North Hill Boulevard, Burlington - 38,000 S.F. Industrial/Distribution building 3 minutes from I-5 exit 231 w/ 5 dock high and 3 grade level doors Amp 480V electric service. 22` ceiling height at eaves and 33` at roof peak with clearstory windows. Air conditioning in 18,200 S.F. of plant and entire building sprinklered. Many additional features. $5.40SF/ NNN CBA# Contact John Mitzel (360) Gunn Rd, Mt. Vernon - Affordable commercial light industrial property in Mount Vernon. 28,750 SF lot with 1,317 SF mobile home that is currently rented for $750/mo on mo/mo basis. Zoning is CL (Commercial Light Industrial District) and allows for a broad range of commercial and industrial uses. This would be an ideal property to run a business out of a shop and live on the property. Located less than 1 mile from I-5 exit 225. Seller has assembled approx acres with the intent of completing a regional storm water system for single large user or various lot sizes. $172,500 CBA# Contact KC Coonc, Ryan Martin, or John Mitzel (360) Riverside Drive, Mt. Vernon - Newly available office space, unit 210. Very nice newer office building competitively priced. Excellent location with high traffic count on Riverside Drive just south of Skagit River connecting the main commercial core of Burlington. Space has plumbing and own HVAC system. $12.00SF / NNN CBA# Contact Fred Sexton (360) Gunn Rd, Mt. Vernon acre property that fronts Cleveland Ave and Gunn Rd. The property can be combined with an additional parcel to create a 6 acre site. The zoning is Commercial / Limited Light Industrial and allows for a broad range of industrial and retail uses. The location has convenient Interstate 5 truck access off Anderson Road Exit 225 or Kincaid Street Exit 226 for North or South distribution. Seller has assembled approx acres with the intent of completing a regional storm water system for single large user or various lot sizes. $750,000 CBA# Contact KC Coonc, Ryan Martin, or John Mitzel (360) Riverside Drive Unit 110, Mt. Vernon - Newly available. This is the prime space in building directly visible from main entry. Units 110 & 120 combined. Separate interior offices, reception and work area. Can be demised to 948 SF. Very nice newer office building competitively priced. Excellent location with high traffic count on Riverside Drive just south of Skagit River connecting the main commercial core of Burlington. Space has plumbing (2 sinks) and own HVAC system (2.). $15.00 SF/ NNN CBA# Contact Fred Sexton (360) Gunn Rd, Mt. Vernon- 1,032 sq ft Shop with 960 sq ft 2 Bedroom, 1.5 Bath Manufactured Home in South Mount Vernon on.77 acres with commercial limited industrial zoning. Great location to build your business from. The manufactured home is older but tidy and will work well to continue as a rental or move in and work from home in your own shop. City water and sewer in street for developing the property. Additional acreage available. Convenient to I-5. Seller has assembled approx acres with the intent of completing a regional storm water system for single large user or various lot sizes. $200,000 CBA# Contact KC Coonc, Ryan Martin, or John Mitzel (360) Riverside Drive Unit 220, Mt. Vernon - Space #220. Very nice newer office building competitively priced. Excellent location with high traffic count on Riverside Drive just south of Skagit River connecting the main commercial core of Burlington. Space has plumbing and HVAC system. Separate interior offices, reception and work area Old Hwy 99, Mt. Vernon - Prime Commercial / Industrial Zoned site. Largest site in south Mt. Vernon. Located in south Mt. Vernon 61 miles north of downtown Seattle and 44 miles south of the Canadian U.S. Border. Visibility from I-5 with excellent freeway access. Exit 225/Anderson Road from both north and south. All utilities available to site. Lot may be subdivided. $12.00 SF/ NNN CBA# Contact Fred Sexton (360) $2,350,000 CBA# Contact John Mitzel (360) Seafarer s Way, Anacortes - The Cannery Building - adjacent to the Cap Sante Marina. Moorage is available. High quality finishes in this award winning building. Convenient access to Hwy 20 and 18 minutes from I-5. One of a kind office in a unique community. $18.00 SF/ NNN CBA# Contact John Mitzel (360) Reservation Rd, Anacortes - Ideal commercial investment property with single family home to provide cash flow during holding period. 4 bedroom, 1 bath with 1502 sq. ft. of living space. Total site is approximately 3.72 acres of developable land on corner location with access from both Reservation Road and Stevenson Road. Only 1/4 mile from Hwy 20. $499,000 CBA# Contact Mike Kent or John Mitzel (360) Windermere Commercial Skagit County (360) Page 7 Windermere Commercial Skagit County (360) Page 4

6 VACANT LAND: FOR SALE BUILDINGS:FOR LEASE Tolt Avenue, Carnation - The subject property is a 21,780 square foot corner property located in Carnation, Washington on the main Highway thru town State Route 203. The property has approximately 140 feet of frontage on Highway 203 and is 200 feet deep along Eugene Street, with McKinney Rd running along the back of the site. The property is flat, has been surveyed, and a soils test is completed. All utilities are available. Across the street from the main shopping center in Carnation. A growing suburb of Redmond S 15th St., Mt. Vernon - Class A medical/dental space located directly across from the Skagit Valley Hospital in Mount Vernon, WA. Building is occupied partially by a Maxillofacial surgery center. Tremendous exposure and centrally located. $24.00 SF/ NNN CBA# Contact Jason Loeb (360) $600,000 CBA# Contact Kevin Geraghty, CCIM (360) N Township, Sedro Woolley - Two Residential Sedro Woolley parcels totaling 3+ Acres. This property is on the North Side of Sedro Woolley along Highway 9. See attached parcel list and sketch for details. Parcel numbers P & P $85,000 MLS# Contact Jeff Johnnson or Mike Kingsley (360) S Burlington Blvd, Burlington - Costco, Panera, Chipotle anchored strip. Join Chipotle Mexican Grill and Boeing Employee Credit Union in this brand new premier retail location shadow anchored by Costco, and Panera Bread. This center is across the street from Best Buy, Starbucks, Old Navy, Ross, and more. This retail building sits at the intersection of Burlington Boulevard and the East Costco entrance and enjoys a combined average trips per day of 57,314. Suite configuration flexible. but remaining spaces offered are two suites: Suite 102 at 1,100 SF Suite 103 at 1,200 SF or contiguous at 2,300 square feet. $31.00 SF/ NNN CBA# Contact Jason Loeb (360) N Township, Sedro Woolley - One Residential Sedro Woolley parcels totaling 2.58 acres. This property is on the North Side of Sedro Woolley along Highway 9. See attached parcel list and sketch for details Cascade Pl, Burlington - Built out Storefront office space can be remodled to suit. Great location with signage on Burlington Boulevard. Great access from Burlington Blvd. with abundant parking. Easy access to I-5. $85,000 MLS# Contact Jeff Johnson or Mike Kingsley (360) $15.00 SF/ NNN CBA# Contact John Mitzel, KC Coonc, or Ryan Martin (360) Cascade Pl, Burlington - Former chiropractic office which could be easily converted to retail use. Fronts on Riverside Dr with ample parking. Adjoining tenant is Sally Beauty Supply a wholesale beauty supply store. Includes all utilities, triple net expenses. Phone system, cable internet, voice mail service, janitorial services, lower long distance rates, and conference rooms to accommodate up to 40 people. $2.50-$2.61 SF/ Gross CBA# Contact John Mitzel, KC Coonc, or Ryan Martin (360) Cascade Pl, Burlington- Storefront Office/Retail in the Cascade Professional Building 1/2 block east of Burlington Blvd. across from Cascade Mall with signage on Burlington Blvd. Abundant parking with easy access to I-5. $15.00 SF/ NNN CBA# Contact John Mitzel, KC Coonc, or Ryan Martin (360) Chuckanut Dr, Bow- Landmark Restaurant location along scenic Chuckanut Drive that has been serving locals and travelers alike since the 1930 s. The property just sold and the new Landlord is seeking a Tenant with a new menu and business building approach and is very open to creating something unique. Outstanding opportunity for an operator to incorporate a small bar to serve specialty micro-brews with a down to earth menu that brings the local back and creates a fun stop over for the traveling tourists. 42 seats, awesome turnkey kitchen, irreplaceable setting above Oyster Creek. $9.02 SF/ Modified Gross CBA# Contact Michael P. Reams (360) Windermere Commercial Skagit County (360) Page 5 Windermere Commercial Skagit County (360) Page 6

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