2630 E Fourth Plain Blvd - Freestanding FOR SALE


Vancouver, WA 98661- Rose Village
$1,350,000 USD
360-823-5111
2630 E Fourth Plain Blvd, Vancouver, WA for Sale
$1,350,000 USD
Freestanding - FOR SALE
1/7
null | 4.89% Cap Rate

2630 E Fourth Plain Blvd
Vancouver, WA 98661
Rose Village


OVERVIEW

Absolute NNN Ground Lease investment opportunity located in Vancouver, Washington, leased to Black Rock Coffee Bar under a long-term lease with approximately 10 years remaining in the initial term. Publicly traded company listed on the NASDAQ under ticker symbol BRCB, more than 180 locations operating across seven states, annual revenue exceeding $200 million, year-over-year revenue growth exceeding 24%, strong same-store sales growth of approximately 10%, robust store-level margins of approximately 29%, scheduled 10% rental increases every five years. The property is centrally located just minutes from Clark College and downtown Vancouver, Washington, positioned between the Harney Heights and Fourth Plain Village neighborhoods. It benefits from direct frontage along Fourth Plain Boulevard, one of the county’s most heavily traveled thoroughfares, which extends across the full length of the city from West to East Vancouver.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$2,761 USD /SF

CAP RATE

4.89%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CC

APN/PARCEL ID

029838-000

ASK ABOUT THIS PROPERTY

Blake FederinkoMAJ Development CorporationMore Info
360-823-5111

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Blake FederinkoMAJ Development CorporationMore Info
360-823-5111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.