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Fourth Plain Market Center
5700-5800 E Fourth Plain Blvd, Vancouver, WA 98661
21,318 SF | Retail
Retail Property - Off Market
- Building Size:
- 21,318 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Net Lease Investment with
- 10+ years left on lease
- Cap Rate:
- Lot Size:
- 169,880 SF
- Listing ID
- Last Updated
- 216 days ago
- Long Term Leases - Grocery Outlet and Dutch Bros. Coffee have 10 years of remaining term.
- New Roof - replaced in 2006 with 20 year warranty
- Potential Development Opportunity - 60,980 SF of excess land - value not computed into offering price
- No State Income Taxe in Washington
FOURTH PLAIN MARKET CENTER IS COMPRISED OF AN APPROXIMATELY 20,790 SF FREESTANDING NNN CORPORATE GROCERY OUTLET, CORPORATE GUARANTEED DUTCH BROS DRIVE-THRU AND AN ADDITIONAL 60,980 SF OF UNDEVELOPED LAND.
The Property provides excellent credit tenancy with historically strong sales in a demographic mix that works perfectly for both tenants. Other Retailers in the immediate vicinity include the recently re-developed Fourth Plain Center including Office Depot and 24 Hour Fitness; Albertsons anchored Vancouver Market Center, Kmart, Winco Foods, Walgreens, and the Vancouver Auto Mall.
Located on Fourth Plain Blvd less than a mile from the 550,000 SF Vancouver Plaza and two miles West of the one million SF Westfield Vancouver Mall anchored by Nordstrom' s and Macy' s and is considered the dominant retail corridor in Clark County.
Map of Vancouver, WA, 98661 - exact location not found
Research for 5700-5800 E Fourth Plain Blvd, Vancouver, WA 98661 (Clark County)
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P