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11012 - 11014 NE Fourth Plain Blvd

4 Properties Offered at $6,750,000 in Vancouver, WA

Executive Summary

The two buildings located at 11012 - 11014 NE Fourth Plain Boulevard in Vancouver, Washington, county of Clark, consist of 12,037 SF. The space is currently occupied by a long term tenant that is using the space for medical/office. The standing lease is a twenty (20) year lease. The first ten (10) years are the “Firm-Term”; the following ten (10) years are “Soft-Term”. Both buildings went through a $2,000,000 ground-up renovation prior to tenant occupancy April of 2021.

Property Facts

Price $6,750,000
Price / SF $534.78 / SF
Cap Rate 5.84%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 12,622 SF
Total Land Area 1.38 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
11014 NE Fourth Plain Blvd, Vancouver, WA 98662 Retail 5,637 SF 1975 -
6014 NE 111th Ave, Vancouver, WA 98662 Land 0.13 AC - -
6012 NE 111th Ave, Vancouver, WA 98662 Land 0.18 AC - -
11012 NE Fourth Plain Blvd, Vancouver, WA 98662 Office 6,985 SF 1975 -
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  • Listing ID: 26006334

  • Date on Market: 6/23/2022

  • Last Updated:

  • Address: 11012 - 11014 NE Fourth Plain Blvd, Vancouver, WA

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