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SINGLE TENANT NNN LEASE INVESTMENT 6701-6715 NE Andresen St 9,392 SF 100% Leased Office Building Vancouver, WA 98661 $4,466,944 CAD ($475.61 CAD/SF) 5.75% Cap Rate

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EXECUTIVE SUMMARY

MAJ Commercial Real Estate is pleased to offer a prime
investment opportunity to acquire a single tenant, NNN
lease investment located in Vancouver, WA. The
property is leased to TEAM Construction LLC as their
head-quarters, with 6 years remaining on the initial
lease term, with two, five-year options to extend.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Building Size
9,392 SF
Building Class
A
Year Built
2017
Price
$4,466,944 CAD
Price Per SF
$475.61 CAD
Cap Rate
5.75%
NOI
$256,844 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,392 SF
Building FAR
0.20
Lot Size
1.07 AC
Zoning
CC - Commercial
Parking
16 Spaces (1.7 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • TEAM Construction LLC,
  • Construction
  • 9,200 SF
  • -
  • Triple Net
  • Jan 2042
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
TEAM Construction LLC, Construction 9,200 SF - Triple Net Jan 2042

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
160507-005
Land Assessment
$806,039 CAD
Improvements Assessment
$2,221,029 CAD
Total Assessment
$3,027,068 CAD
  • Listing ID: 37793174

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 6701-6715 NE Andresen St, Vancouver, WA 98661

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