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3128 E Evergreen Blvd 2,001 SF 100% Leased Office Building Vancouver, WA 98661 $1,674,240 CAD ($836.70 CAD/SF) 4% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 3128 East Evergreen Boulevard has been completely rebuilt, bringing 2,000 square feet of pristine office space to the Vancouver market.
  • Surrounded by a dense population of highly educated professionals, it provides direct access to an educated and qualified workforce.
  • Prime ownership opportunity in one of the city's most desirable commercial corridors, creating an opportunity to join a thriving business environment.
  • Easily accessible and highly visible turnkey space that is ideal for small businesses, startups, or professional service providers.

EXECUTIVE SUMMARY

3128 East Evergreen Boulevard has been completely rebuilt. This 2,000-square-foot professional office space offers a prime investment opportunity in one of the city's most desirable commercial corridors. Strategically situated near State Route 14, the Lewis and Clark Highway, and Interstate 5, the property provides convenient access to major transportation routes and is just 18 minutes from Portland International Airport, creating regional and national accessibility. The area sees approximately 14,000 vehicles per day via East Mill Plain Boulevard, ensuring strong exposure. A prime corner location offers high visibility and excellent signage opportunities, enhancing brand exposure for tenants. Public transit is easily accessible via nearby bus lines, further enhancing commuter convenience and accessibility.

Ideal for small businesses, startups, or professional service providers. The space benefits from central heating and air conditioning in every room for added comfort, huge windows allowing abundant natural light to flow through the office, and a spacious, mostly open floor plan that creates a synergistic working environment. 3128 East Evergreen Boulevard comprises two separate suites, each featuring private offices, a welcoming reception area, a full kitchen, and access to dedicated on-site parking spaces.

The surrounding region boasts a population of over 884,000 within a 10-mile radius, with 42% holding college degrees, offering direct access to a highly educated and skilled workforce. Vancouver continues to attract businesses due to its affordability and dynamic labor market, with emerging sectors such as biotechnology, healthcare, technology, manufacturing, and professional services contributing to the area's economic growth. This office space is a perfect fit for law firms, financial advisors, real estate professionals, consulting agencies, and other service-oriented businesses seeking a modern, move-in-ready workspace in a thriving business environment.

MATTERPORT 3D TOURS

Tour the First Floor

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PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
2,001 SF
Building Class
B
Year Built
2020
Price
$1,674,240 CAD
Price Per SF
$836.70 CAD
Cap Rate
4%
NOI
$66,970 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,001 SF
Building FAR
0.15
Lot Size
0.31 AC
Zoning
CC - Commercial Zoning
Parking
9 Spaces (4.5 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Ameriprise Financial is honored that generations of clients have entrusted Ameriprise Financial with their futures since 1894. For well over a century, they've remained true to their commitment of putting clients' interests first. The strength of their commitment to clients is matched by the strength of their firm: a strong financial foundation, passionate stewardship of the business and a track record of standing behind clients through good times and bad. Over the years, their singular focus on clients has helped them navigate market cycles, recessions, depressions, wars and a global pandemic. They look forward to the opportunity to help more investors achieve their most important financial goals for many years to come.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
12,307
91,877
258,833
2024 Population
13,183
96,321
265,280
Population Growth '20-'24
7.1%
4.8%
2.5%
2020 Households
5,626
38,810
105,633
2024 Households
6,013
41,185
108,493
Household Growth '20-'24
6.9%
6.1%
2.7%
Average Age
40
40
40
Median Household Income
$55,164
$64,702
$72,738
Daytime Employees
5,934
57,325
128,445
Total Businesses
615
7,194
15,467
College Degree + Higher
28%
28%
33%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030931-000
Land Assessment
$261,687 CAD
Improvements Assessment
$1,016,974 CAD
Total Assessment
$1,278,661 CAD
  • Listing ID: 34981891

  • Date on Market: 2025-03-01

  • Last Updated:

  • Address: 3128 E Evergreen Blvd, Vancouver, WA 98661

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