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Highlights

  • Over 50,000 cars per day. Top traffic counts

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,072 SF
  • 11’
  • Negotiable
  • $35.50 CAD/SF/YR $2.96 CAD/SF/MO $73,551 CAD/YR $6,129 CAD/MO
  • Triple Net (NNN)
316 SE 123rd Ave - 1st Floor
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-08-01

This space is currently occupied but may be available in a few months, August 1st or September 1st. Second generation restaurant space. Two hoods plus a built in freezer.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Freezer Space
  • Finished Ceilings: 11’
  • 1st Floor, Ste A-1
  • 2,300 SF
  • 11’
  • 5 Years
  • $25.56 CAD/SF/YR $2.13 CAD/SF/MO $58,784 CAD/YR $4,899 CAD/MO
  • Triple Net (NNN)
316 SE 123rd Ave - 1st Floor - Ste A-1
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
2026-10-01
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 4 Private Offices
  • Finished Ceilings: 11’
  • Central Air and Heating
  • Drop Ceilings
  • Open-Plan
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 2,072 SF 11’ Negotiable $35.50 CAD/SF/YR $2.96 CAD/SF/MO $73,551 CAD/YR $6,129 CAD/MO Triple Net (NNN)
1st Floor, Ste A-1 2,300 SF 11’ 5 Years $25.56 CAD/SF/YR $2.13 CAD/SF/MO $58,784 CAD/YR $4,899 CAD/MO Triple Net (NNN)

316 SE 123rd Ave - 1st Floor

Size
2,072 SF
Ceiling
11’
Term
Negotiable
Rental Rate
$35.50 CAD/SF/YR $2.96 CAD/SF/MO $73,551 CAD/YR $6,129 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-08-01

This space is currently occupied but may be available in a few months, August 1st or September 1st. Second generation restaurant space. Two hoods plus a built in freezer.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Freezer Space
  • Finished Ceilings: 11’

316 SE 123rd Ave - 1st Floor - Ste A-1

Size
2,300 SF
Ceiling
11’
Term
5 Years
Rental Rate
$25.56 CAD/SF/YR $2.13 CAD/SF/MO $58,784 CAD/YR $4,899 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
2026-10-01

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 4 Private Offices
  • Finished Ceilings: 11’
  • Central Air and Heating
  • Drop Ceilings
  • Open-Plan

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 4,372 SF
Center Type Neighborhood Center
Parking 150 Spaces
Stores 1
Center Properties 5
Frontage
800’ on SE Mill Plain
  • 500’ on SE 123rd
Gross Leasable Area 38,421 SF
Total Land Area 19.54 AC
Year Built 1993

About the Property

Busy Retail Center. This is our only vacancy. Come and join the synergy of our business diversity! This was used as an office space with a big open layout with some private offices around the exterior walls. Can easily be used as retail. Most of the center's tenants are retails based. Great end-cap with lots of storefront windows.

  • Pylon Sign
  • Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Black Rock Coffee Bar
Starbucks
Trader Joe's
Chase
KeyBank
Applebee's
U.S. Bank
Td Ameritrade
Five Guys
Elmer's
  • Listing ID: 27630697

  • Date on Market: 2026-06-24

  • Last Updated:

  • Address: 316 SE 123rd Ave, Vancouver, WA 98683

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