SR500 Orchards Commerce Center Retail FOR SALE


Vancouver, WA - Orchards Area
$6,995,000 USD
503-804-4653
, Vancouver, WA for Sale
$6,995,000 USD
Retail - FOR SALE
1/10
null | 7.5% Cap Rate

SR500 Orchards Commerce Center
Vancouver, WA
Orchards Area


HIGHLIGHTS

  • All NNN Leases
  • 97% Occupied
  • Stable Tenants
  • Ample Parking
  • Location Location Location

OVERVIEW

UPSIDE POTENTIAL - BELOW MARKET RENTS - ALL NNN LEASES - FULLY LEASED - $747,830 Gross Income - $524,809 NOI - 7.50% Cap Rate Fully Leased Value Add Commerce Center. SR 500 Commerce Center is perfectly situated in an excellent location right in the heart of bustling Vancouver, and SR 500 which is on a fast track for development. This well maintained, strong boned strip mall property is surrounded by dense retail and other businesses and affluent residential neighborhoods. SR 500 Commerce Center boasts a total of 21 units with a healthy blend of traditional retail and office Tenants. Easy access to I 205 and I 5, and SR500 offers Tenants an easy connection to Portland and all areas of Vancouver. Traffic Counts of from 23,000 to 62,000 ensures a High Visibility experience for all Tenants of this well known Center. Listing Brokers are in the ownership of the property.

ASK ABOUT THIS PROPERTY

Rich KarlsonTradition Real Estate PartnersMore Info
503-804-4653

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Rich KarlsonTradition Real Estate PartnersMore Info
503-804-4653

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