Frontier Public House 4909 NE Hazel Dell Ave 2,640 SF Retail Building Vancouver, WA 98663 $1,150,000 ($435.61/SF) 5.76% Cap Rate

MAJ Commercial Real Estate is pleased to offer for sale The Frontier Public House (FPH), a freestanding, tenant-occupied restaurant NNN investment located along the Highway 5 transportation corridor in Vancouver, Washington. The asset is leased at a below-market rental rate and features approximately two (2) years remaining on the current lease term with 4.00% annual escalations, plus one final extension option to be exercised at fair market value, providing near-term income stability with a clearly defined path to long-term upside.
Originally constructed in 1982 and fully renovated in 2014, the property consists of a 2,640 SF freestanding solid block brick building situated on a 26,136 SF parcel. The asset has been exceptionally well maintained throughout the 27 years of current ownership, with scheduled bi-monthly exterior and landscaping maintenance and quarterly HVAC and interior building maintenance. The site offers ample parking with 35 stalls, including two (2) ADA-compliant spaces.
Strategically positioned near an Interstate 5 interchange (±95,000 VPD) and the Main Street intersection (±45,000 VPD), the property benefits from outstanding visibility and consistent AM/PM commuter traffic along one of the region’s most heavily traveled and irreplaceable transportation corridors.
The property is operated by The Frontier Public House, a well-established and highly regarded restaurant in the Southwest Washington culinary scene. With over 1,300 Google reviews and more than 10 years of successful operating history at the site, FPH demonstrates strong operational performance backed by a proven, durable concept.