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11012 - 11014 NE Fourth Plain Blvd 4 Properties Offered at $6,750,000 in Vancouver, WA
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $6,750,000 | Number of Properties | 4 |
| Price / SF | $534.78 / SF | Individually For Sale | 0 |
| Cap Rate | 5.84% | Total Building Size | 12,622 SF |
| Sale Type | Investment | Total Land Area | 1.38 AC |
| Status | Active |
| Price | $6,750,000 |
| Price / SF | $534.78 / SF |
| Cap Rate | 5.84% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 12,622 SF |
| Total Land Area | 1.38 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 6012 NE 111th Ave, Vancouver, WA 98662 | Land | 0.18 AC | - | - |
| 6014 NE 111th Ave, Vancouver, WA 98662 | Land | 0.13 AC | - | - |
| 11012 NE Fourth Plain Blvd, Vancouver, WA 98662 | Office | 6,985 SF | 1975 | - |
| 11014 NE Fourth Plain Blvd, Vancouver, WA 98662 | Retail | 5,637 SF | 1975 | - |
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11012 - 11014 NE Fourth Plain Blvd
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