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.
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