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8505 & 8513 NE Highway 99 5,257 SF 100% Leased Retail Building Vancouver, WA 98665 $2,800,000 ($532.62/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- High traffic exposure retail investment property with good tenants, room for more development,nearby retailers Winco, Fred Meyer, Walmart and more.
EXECUTIVE SUMMARY
Prime investment property in Clark County, WA, high traffic exposure, room for more development on the lot, nearby major retailers: Walgreens, Walmart, FredMeyer, Winco and more. Just off of interstate 5, the area is experiencing great growth. 5257 total SF, including all three building on site with a potential fourth building being proposed.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
5,257 SF
Building Class
C
Year Built/Renovated
1993/1999
Price
$2,800,000
Price Per SF
$532.62
Cap Rate
6.50%
NOI
$182,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.89 AC
Zoning
GC
Parking
18 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
97’ on Highway 99 Hwy
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Diggity Dawgs
- Services
-
99,999 SF
- -
- -
- Green Daze Glass
- Retailer
-
99,999 SF
- -
- -
- Hair By Nadia
- Services
-
99,999 SF
- -
- -
- Harmony Décor
- Services
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Diggity Dawgs | Services | 99,999 SF | - | - | ||
| Green Daze Glass | Retailer | 99,999 SF | - | - | ||
| Hair By Nadia | Services | 99,999 SF | - | - | ||
| Harmony Décor | Services | 99,999 SF | - | - |
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 097871-000 | Improvements Assessment | $684,800 |
| Land Assessment | $146,400 | Total Assessment | $831,200 |
PROPERTY TAXES
Parcel Number
097871-000
Land Assessment
$146,400
Improvements Assessment
$684,800
Total Assessment
$831,200
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8505 & 8513 NE Highway 99
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