416 NE 87th Ave 3,840 SF 100% Leased Office Building Vancouver, WA 98664 $1,350,000 ($351.56/SF) 5.22% Cap Rate
EXECUTIVE SUMMARY
Location: Across the street from PeaceHealth and centrally located in Vancouver with easy access to entire metro area.
3,880 SF with two tenants
Land: .36 acres (15,750 SF)
Zoned: Office Commercial Industrial (OCI)
Parking: 5:1,000 SF ratio
Built: 1979
Price: $1,350,000
NOI: $70,523
3,880 SF with two tenants
Land: .36 acres (15,750 SF)
Zoned: Office Commercial Industrial (OCI)
Parking: 5:1,000 SF ratio
Built: 1979
Price: $1,350,000
NOI: $70,523
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,840 SF
Building Class
B
Year Built
1979
Price
$1,350,000
Price Per SF
$351.56
Cap Rate
5.22%
NOI
$70,523
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,840 SF
Building FAR
0.24
Lot Size
0.36 AC
Zoning
OCI - Zoned: Office Commercial Industrial (OCI)
Parking
14 Spaces (4.26 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 111018-010 | Improvements Assessment | $764,510 |
| Land Assessment | $228,690 | Total Assessment | $993,200 |
