BIG 5 SPORTING GOODS | 9.49% Cap Rate | Brand New Roof
Brand New Roof | 9.49% CAP | 0.93 Acre Lot
Marketing description
BIG 5 SPORTING GOODS in Vancouver, WA is a well-positioned, single-tenant retail asset located along the highly trafficked SE Mill Plain Boulevard corridor, benefiting from exposure to over 38,000 vehicles per day. The 11,000-square-foot building sits on a 0.59-acre parcel and was constructed in 2003, offering a proven retail footprint with strong visibility and accessibility.
The property is offered at an attractive 9.49% cap rate with 2.59 years of remaining lease term, presenting a compelling yield with near-term lease rollover upside. The asset is secured by a Triple Net (NNN) lease with minimal landlord responsibilities and includes one remaining five-year renewal option. Strategically positioned among national anchors such as Target, Trader Joe's, and Starbucks, the location is further strengthened by a brand-new In-N-Out just one mile away and a new Lexus and Mercedes dealership by Swickard Auto Group nearby, with surrounding office, industrial, multifamily, and school populations driving consistent consumer demand.
Investment highlights
- Located along SE Mill Plain Boulevard with traffic counts exceeding 38,000 vehicles per day, the property benefits from exceptional visibility and consistent consumer flow. Its prominent positioning enhances brand presence and supports long-term tenant success.
- The asset is secured by a Triple Net (NNN) lease, providing reliable income with minimal landlord responsibilities. A remaining five-year renewal option offers continued income stability and tenant commitment.
- Positioned within a dominant retail corridor featuring Target, Trader Joe's, and Starbucks, the property benefits from strong exposure. Nearby additions including a new In-N-Out and Swickard Auto Group's Lexus and Mercedes dealerships further elevate the corridor's draw.
- The offering features a strong 9.49% cap rate, delivering attractive in-place cash flow. With 2.59 years remaining on the lease term, investors have the opportunity to capture yield with near-term upside.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
