2800 NE 162nd Ave | Vancouver, WA 98682
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- LoopNet Team
2800 NE 162nd Ave
Vancouver, WA 98682
Rite Aid · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Purportedly a very strong store with increasing sales.
- Scheduled Rent increases of a $1/SF every five years increases yield approximately 58 basis points within the next 10 years.
- Roughly 56% of the surrounding population is over 35 years old, providing a stable demand for pharmacy needs.
- NNN lease provides few Landlord responsibilities limited to the roof and structure.
- Located in high-growth trade area of east Vancouver with high-density surrounding residential
- Tax free state of Washington.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,605 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.57 AC
Zoning
CC
Frontage
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 164346-000 | Improvements Assessment | $3,164,900 |
| Land Assessment | $854,900 | Total Assessment | $4,019,800 |
PROPERTY TAXES
Parcel Number
164346-000
Land Assessment
$854,900
Improvements Assessment
$3,164,900
Total Assessment
$4,019,800
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