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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
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.
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 |
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PROPERTY TAXES
| Parcel Number | 160507-005 | Improvements Assessment | $2,221,029 CAD |
| Land Assessment | $806,039 CAD | Total Assessment | $3,027,068 CAD |
PROPERTY TAXES
Parcel Number
160507-005
Land Assessment
$806,039 CAD
Improvements Assessment
$2,221,029 CAD
Total Assessment
$3,027,068 CAD
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SINGLE TENANT NNN LEASE INVESTMENT | 6701-6715 NE Andresen St
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