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13019 NE Fourth Plain Blvd 45,000 SF Retail Building Vancouver, WA 98682 $12,500,000 ($277.78/SF) 7.49% Cap Rate
Investment Highlights
- Irreplaceable Market Position
- 24-Hour Revenue Generation
- Premium Amenity Mix
- National Operator Tenant
Executive Summary
A purpose-built 45,000 SF Class A Super Sport fitness center in Vancouver, WA, leased to 24 Hour Fitness USA, LLC.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
45,000 SF
Building Class
B
Year Built/Renovated
2008/2026
Price
$12,500,000
Price Per SF
$277.78
Cap Rate
7.49%
NOI
$936,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
3.56 AC
Zoning
CC; Vancouver - Commercial
Parking
203 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
421’ on Fourth Plain Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Arts, Entertainment, and Recreation
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
24 Hour Fitness began in 1983 as a small fitness club operation and grew into a broad gym chain focused on making exercise accessible across different fitness levels. The company offers strength and cardio equipment, group exercise classes, cycle and studio programming, personal training, and digital workout options through its member app. Its club network remains centered on the United States, with a market presence built around gym memberships, in-club training, and connected fitness services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 107892-000 | Improvements Assessment | $9,814,700 |
| Land Assessment | $1,435,400 | Total Assessment | $11,250,100 |
Property Taxes
Parcel Number
107892-000
Land Assessment
$1,435,400
Improvements Assessment
$9,814,700
Total Assessment
$11,250,100
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