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One Stop Shopping Center 3504-3536 NE 3rd Ave 38,850 SF 72% Leased Retail Building Camas, WA 98607 $6,000,000 ($154.44/SF) 7% Cap Rate

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EXECUTIVE SUMMARY

72% LEASED
8 spaces leased to a mix of service, convenience, and showroom tenants.
ANNUAL RENT INCREASES WITH GREAT TENANT MIX
3-4% annual rent increases with some below market rents gives an investor an economic advantage to increase net operating income.
GREAT LOCATION
Excellent corner location with good access to HWY 14. Less than 1 mile from Washougal Waterfront Park.
DEVELOPMENT OPPORTUNITY
Potential development of south parking lot parcels totaling ± 32,670 SF.
STRONG DEMOGRAPHICS
Future job growth is projected to increase 40% over the next 10 years.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
38,850 SF
Building Class
C
Year Built
1959
Price
$6,000,000
Price Per SF
$154.44
Cap Rate
7%
NOI
$420,000
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
2.44 AC
Zoning
RC - This zone provides apparel, home furnishings, and general merchandise in depth and variety,as well as providing services for food clusters.
Parking
240 Spaces (6.18 Spaces per 1,000 SF Leased)
Frontage
217’ on NE 3rd Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Activate Church
  • Services
  • -
  • -
  • Triple Net
  • -
  • Core Industries
  • Manufacturing
  • -
  • $14.00
  • Triple Net
  • Nov 2026
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

Domino’s has grown into one of the world’s leading pizza delivery and carryout brands. Headquartered in Ann Arbor, Michigan, Domino’s operates thousands of stores across more than 90 countries, serving millions of customers each week. Known for its commitment to quality, innovation, and customer satisfaction, the company has revolutionized the pizza industry with its pioneering technology, including online ordering, GPS tracking, and a robust mobile app experience. Domino’s menu extends beyond its signature pizzas to include pasta, chicken, sandwiches, desserts, and a variety of sides, all crafted with fresh ingredients and bold flavors. With a strong focus on operational excellence and franchisee support, Domino’s continues to set the standard for quick-service dining and delivery.

  • Hometown Furniture
  • -
  • -
  • $9.50
  • Triple Net
  • Jun 2026
  • Huong Nguyen
  • -
  • -
  • -
  • -
  • -
  • James Marston
  • Services
  • -
  • -
  • -
  • -
  • Northwest, Inc.
  • Real Estate
  • -
  • -
  • Triple Net
  • -
  • Spears Strong
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Triple Net
  • -
  • Tammie Tran
  • Retailer
  • -
  • $18.14
  • Triple Net
  • -
  • Your Big Day
  • Public Administration
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Activate Church Services - - Triple Net -
Core Industries Manufacturing - $14.00 Triple Net Nov 2026
Accommodation and Food Services - - - -
Hometown Furniture - - $9.50 Triple Net Jun 2026
Huong Nguyen - - - - -
James Marston Services - - - -
Northwest, Inc. Real Estate - - Triple Net -
Spears Strong Arts, Entertainment, and Recreation - - Triple Net -
Tammie Tran Retailer - $18.14 Triple Net -
Your Big Day Public Administration - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 3519
  • 4,075 SF
  • Retail
  • -
  • Now

- Open showroom with exit into back gated area - Call for rate / NNN

  • 3536
  • 6,042 SF
  • Retail
  • -
  • Now

- Corner exposure with rollup door leading to back gated area - Call for rate / NNN

Space Size Space Use Position Available
3519 4,075 SF Retail - Now
3536 6,042 SF Retail - Now

3519

Size
4,075 SF
Space Use
Retail
Position
-
Available
Now

3536

Size
6,042 SF
Space Use
Retail
Position
-
Available
Now

3519

Size 4,075 SF
Space Use Retail
Position -
Available Now

- Open showroom with exit into back gated area - Call for rate / NNN

3536

Size 6,042 SF
Space Use Retail
Position -
Available Now

- Corner exposure with rollup door leading to back gated area - Call for rate / NNN

NEARBY MAJOR RETAILERS

Chase Bank
Wells Fargo
Grocery Outlet
Anytime Fitness
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
091045-570
Land Assessment
$1,400,700
Improvements Assessment
$2,538,900
Total Assessment
$3,939,600
  • Listing ID: 36274599

  • Date on Market: 6/16/2025

  • Last Updated:

  • Address: 3504-3536 NE 3rd Ave, Camas, WA 98607

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