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For Sale

VANCOUVER VA

11012–11014 NE FOURTH PLAIN BLVD | VANCOUVER, WA 98662

Property Details

Price$6,750,000
Building Size12,037 SF
Property Size0.85 Acres

Supporting Documents

Description

  • The two buildings located at 11012 - 11014 NE Fourth Plain Boulevard in Vancouver, Washington, county of Clark, consist of 12,037 SF. The space is currently occupied by a long term tenant that is using the space for medical/ office. The standing lease is a twenty (20) year lease. The first ten (10) years are the “Firm-Term”; the following ten (10) years are “Soft-Term”. Both buildings went through a $2,000,000 ground-up renovation prior to tenant occupancy April of 2021.

Highlights

  • Rare opportunity to acquire stabilized cash flowing property
  • ± 14,000 SF surface parking lot included in the sale
  • The last improvement project included more than $2,000,000 of upgrades
  • 11012: • Bldg: 6,578 SF • Lot: 16,553 SF
  • Great access to I-205 & WA-500
  • 100% occupied
  • Complete remodel
  • 57 surface parking stalls
  • Near public transit
  • ±16,700 vehicles per day

Brokers

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3305 19th Ave
**NEW PRICE** 18017 SW Lower Boones Ferry Rd

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