3504-3536 NE 3rd Ave - Retail FOR SALE


Camas, WA 98607- Outlying Vancouver
$6,000,000 USD
503-318-7577
3504-3536 NE 3rd Ave, Camas, WA for Sale
$6,000,000 USD
Retail - FOR SALE
1/23
null | 7% Cap Rate

3504-3536 NE 3rd Ave
Camas, WA 98607
Outlying Vancouver


OVERVIEW

72% LEASED 8 spaces leased to a mix of service, convenience, and showroom tenants. ANNUAL RENT INCREASES WITH GREAT TENANT MIX 3% 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.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

One Stop Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

240

LAND DETAILS

CROSS STREETS

NE 3rd St & 6th Ave

LAND ACRES

2.44 AC

LAND SF

106,286 SF

ZONING

RC

APN/PARCEL ID

091045-570

ASK ABOUT THIS PROPERTY

Todd Van DomelenNorris & Stevens, Inc.More Info
503-318-7577

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Todd Van DomelenNorris & Stevens, Inc.More Info
503-318-7577

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