Listed by Capacity Commercial Group
$4,150,000
Orchards Square Retail Investment
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 11,865
Units 5
Cap Rate 6.25%
NOI $259,178
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $350
Class B
Year Built 2005
Buildings 1
Acreage 1.380
Parking Spaces 68 spaces
Parking per 1,000 SqFt 5.73
Investment Type Net Lease
NEW TO MARKET | 100% Leased NNN Retail Investment Asset in Vancouver, WA
Marketing description
100% Leased NNN Retail Investment Asset
Orchards Square | 5 Tenants
Sale Price: $4,150,000
CAP Rate: 6.25%
NOI: $259,178
Building Size: 11,865 SF
Lot Size: 1.38 AC
Investment highlights
- Average length of tenancy at the property is more than 8 years
- Multi-tenant Retail NNN Investment Opportunity in Orchards
- Shadow anchored by Walgreens.
- Diverse Tenant mix including: Ukrainian Federal Credit Union, Liberty Coin & Currency, Best Foot Reflexology, and Value Dental Inc., El Burrito Mojado
- Located in the Orchards submarket near NE Fourth Plain Boulevard, a well-established retail corridor with strong neighborhood visibility
- Nearby major national retailers including LA Fitness, Petco, Sportsmans Warehouse, and Big 5.
- 13,000 ADT on 4th Plain and 56,000 ADT at the intersection of SR 500 and 4th Plain.
Listing Contacts
Listed by Capacity Commercial Group
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$259,178.00
$21,598.17/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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