8311 NE Vancouver Mall Dr - Fast Food FOR SALE


Vancouver, WA 98662- Walnut Grove
$4,400,000 USD
206-747-4338
8311 NE Vancouver Mall Dr, Vancouver, WA for Sale
$4,400,000 USD
Fast Food - FOR SALE
1/5
null | 6.75% Cap Rate

8311 NE Vancouver Mall Dr
Vancouver, WA 98662
Walnut Grove


HIGHLIGHTS

  • Red Robin has occupied this build-to-suit location since 1985
  • Vancouver is the 4th most populous city in Washington State with approximately 205,000 residents
  • This location has a very healthy 5.5% rent to sales ratio
  • Per Placer.ai this location ranks in the 96% percentile nationwide and 85% percentile in WA State compared with all Red Robin locations
  • Located at the signalized, hard corner to the main entrance of the Vancouver Mall which receives approximately 6,600,000+ visits annually

OVERVIEW

Kidder Mathews is pleased to present the opportunity to acquire the Red Robin in Vancouver, WA located on superb outparcel real estate to the Vancouver Mall which receives approximately 6,600,000+ visitors annually. Red Robin has occupied the property since 1985 underlining the restaurant's strong performance and commitment to this site. The establishment has consistently generated robust sales, making it an attractive and reliable investment. This property offers a unique opportunity to invest in a high-performing, long-term leased asset in desirable Washington State, an income tax free state.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$655 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

CG

APN/PARCEL ID

160258-000

ASK ABOUT THIS PROPERTY

David GellnerKidder MathewsMore Info
206-747-4338

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David GellnerKidder MathewsMore Info
206-747-4338

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