2630 E Fourth Plain Blvd 489 SF Retail Building Vancouver, WA 98661 $1,846,800 CAD ($3,776.69 CAD/SF) 4.89% Cap Rate

Absolute NNN Ground Lease investment opportunity located in Vancouver, Washington, leased to Black Rock Coffee Bar under a long-term lease with approximately 10 years remaining in the initial term. Publicly traded company listed on the NASDAQ under ticker symbol BRCB, more than 180 locations operating across seven states, annual revenue exceeding $200 million, year-over-year revenue growth exceeding 24%, strong same-store sales growth of approximately 10%, robust store-level margins of approximately 29%, scheduled 10% rental increases every five years.
The property is centrally located just minutes from Clark College and downtown Vancouver, Washington, positioned between the Harney Heights and Fourth Plain Village neighborhoods. It benefits from direct frontage along Fourth Plain Boulevard, one of the county’s most heavily traveled thoroughfares, which extends across the full length of the city from West to East Vancouver.