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Former IHOP 2900 SE 164th Ave 4,495 SF Retail Building Vancouver, WA 98683 $2,800,000 ($622.91/SF)

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Investment Highlights

FURNITURE, FIXTURES AND EQUIPMENT: 100% turnkey restaurant with equipment in place
PARCEL SIZE: Approximately 0.94 acres
33,572 Northbound SE 164th Ave/Village Loop Rd

PARKING: 51 parking spaces on site (9.98/1,000 SF)
32,340 Southbound SE 164th Ave/Village Loop Rd

Executive Summary

Unique opportunity to own the former IHOP Restaurant building located within the Fisher’s Landing trade area near Fred Meyer, New Seasons Market, Big Al’s and other major retailers. The building offers great visibility with access to Hwy 14 (from the south) and SE Mill Plain Boulevard (to the north). Columbia Crossing is located northeast of the Property, consisting of 380,000 SF of retail development (Wal-Mart, Lowe’s, Trader Joes, World Market).

DE AR-2900 SE 164th FS

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Restaurant

Building Size

4,495 SF

Building Class

Year Built

2002

Price

$2,800,000

Price Per SF

$622.91

Tenancy

Single

Building Height

1 Story

Building FAR

0.11

Lot Size

0.96 AC

Zoning

CG, Vancouver - CG (General Commercial)

Parking

51 Spaces (11.35 Spaces per 1,000 SF Leased)

Frontage

81’ on SE 164th Ave

Corner Lot
Pylon Sign

Restaurant
Signage

Wheelchair Accessible

Monument Signage

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
4,495 SF
Retail
-
Now

BUILDING SIZE: 4,495 square foot free standing restaurant building PARCEL SIZE: Approximately 0.94 acres FURNITURE, FIXTURES AND EQUIPMENT: 100% turnkey restaurant with equipment in place PARKING: 51 parking spaces on site (9.98/1,000 SF) ZONING: General Commercial (CG) LEASE RATE: Contact brokers for lease rate TYPE OF LEASE: Absolute Triple Net EXCELLENT SIGNAGE OPPORTUNITIES POTENTIAL DRIVE-THRU OPPORTUNITY