High Quality NNN Leased Investment For Sale
DO NOT DISTURB TENANT. Call to tour.
Can be sold with NNN Leased Investment at 3701 Main St. Vancouver, WA 98663 ($1,025,000 with 6.5 CAP)
PROPERTY/BUILDING:
-Fully remodeled in 2018 inside and out including all plumbing, electrical, HVAC and roof (asphalt torch-down)
-Excellent mix of 4 retail Units.
-Separately metered
-2 lots. 7507 NE Glisan can be a stand alone building
-Fenced parking/yard
-Beautiful interiors with 4 ADA restrooms, open commercial kitchen, event space, offices, and retail storefronts.
-1 grade level roll-up door
LEASE/TENANT:
-100% leased by White Pepper Catering since May, 2018 through April, 2029
-True Triple Net Lease. Tenant conducts all property maintenance. No property manager required!
-3% annual Base Rent increases.
-Sticky lease. Tenant invested $400,000 in 2018 renovation.
-Excellent tenant financials. Available upon executed PSA.
-Likely to renew for a longer term.
-Future-proof with good mix of small units.